(Reuters) – Infrastructure investors John Laing Group and Macquarie Capital will invest 200 million pounds ($274.76 million) in retirement living homes developed by McCarthy Stone, the companies said on Thursday.
McCarthy Stone said the investment would aid the retirement community developer to expand its rental service to a growing ageing population, helping meet the under-supply of such housing.
($1 = 0.7279 pounds)
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Aditya Soni)
