Asset ValuationThe agreed price of €300m for the nursing homes is significantly below the last reported fair value of the assets, which was €532m, indicating a potential undervaluation concern.
Debt And FinancingRising interest costs as debt is re-financed may offset historically high rental growth, challenging the overall profitability outlook.
Financial PerformanceThe disposal of part of the care home business for €300m is estimated to value the assets at approximately a 30% discount to the last reported book value, impacting perceived asset strength.