OneMedical Property

OneMedical Property to grow its UK-wide portfolio of medical centres following a £30m facility from OakNorth Bank.

OakNorth Bank, the neobank for entrepreneurs, by entrepreneurs, has provided a £30m facility to One Medical Property Holdings Limited, part of OneMedical Property, to grow its portfolio of medical centres across the UK.

The capital from OakNorth Bank will be used to develop three multi-tenanted health and wellbeing centres in Northwest London, Essex, and Wigan, alongside helping to progress OneMedical Property’s strong pipeline of health-anchored developments across the whole of the UK. The funding will also support the company’s growing sale and leaseback portfolio of health buildings in Staffordshire, Lincolnshire, Merseyside and the Southwest of England.

About OneMedical Property: Founded in 2004 by Rachel Beverley-Stevenson and her father Michael Beverley, OneMedical Property develops, owns and invests in NHS occupied healthcare premises across the UK. By specialising in the design, investment, management and development of medical centres, the company previously built up a property portfolio of 12 sites, totalling 60k sqm, before selling it to MedicX in June 2018. OneMedical Property has grown to be a market-leading property partner for the NHS, having built and invested in £70m of patient-centred, innovative, primary and community care premises since its launch.

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