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Octopus Real Estate hires Chris Wishart as Director of Origination to bolster care homes team

23 Apr 2020 By Jayne Shawcross

Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has strengthened its care home fund management team with the arrival of Chris Wishart as Director of Origination.

Chris will take a leading role in Octopus Real Estate’s care home investment team, finding and delivering elderly and specialist care real estate acquisitions for its institutionally backed funds.

Octopus Real Estate’s market-leading care homes team currently manages a portfolio of 60 modern, purpose-built homes, including 9 properties under construction, with a market value of over £750 million.

Chris joins from Savills, where he has been a Director in the healthcare practice since 2017. Prior to this Chris was a Partner at Knight Frank where he was instrumental in building a market leading healthcare consultancy team.

Benjamin Davis, CEO at Octopus Real Estate, said: “Chris’s significant experience in the healthcare market speaks for itself, and we are delighted that he is joining us. Chris will add further strength to our market-leading care homes team as we continue to grow the portfolio and strive to enhance our offering to both investors and operators in a market that remains undersupplied.”

Commenting on his appointment, Chris Wishart said: “I’m excited to be joining Octopus Real Estate, which has been leading the care home investment market for over a decade. Beyond building a high-quality portfolio of care homes, Octopus’s reputation as a responsible landlord, committed to ensuring its homes are operated to the highest standards, is something that really stands out for me. I look forward to finding new investment opportunities for the team and contributing to filling the gap that currently exists for those requiring care.”

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Chris Wishart, Director of Origination, Octopus Real Estate, commented: “This portfolio acquisition is an exciting project for Octopus Real Estate which will deliver high quality care homes to eight communities across the UK. The sector still requires significant further investment given the UK’s ageing population, and we continue in our work to bridge that gap.
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