S1 acquires Edinburgh’s Little Sisters care home

S1 Developments has bought the Little Sisters of the Poor’s St Joseph’s House care home in Edinburgh city centre. The developer won a competitive bidding process, beating interest from 17 other potential buyers. S1 has exchanged contracts for the acquisition of the 1.48-acre site at St Joseph’s House, 41-45 Gilmore Place for around £6m. St Joseph’s House was used as a care home for 154 years. The religious order instructed JLL to sell the site, as a result of a shortage of nuns able to provide care for the elderly. Jason Hogg, director of residential and development land at JLL, said: