Full Year Results 

McCarthy & Stone gathering momentum

McCarthy & Stone gathering momentum

McCarthy & Stone (MCS) struggled in the wake of the referendum as the second-hand housing market stalled, and older people held back from moving into purpose-built retirement accommodation. However, there are signs of better times ahead, notably because of a tie-up with PfP Capital, the fund management business of Places for People. The partnership will allow it to access the growing rental market, via the bulk sale of 126 units in the year to August 2017.

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