McCarthy & Stone plc(LSE:MCS) dropped from FTSE All-Share Index

McCarthy & Stone PLC is a United Kingdom-based developer and manager of retirement communities. The Company buys land and then builds, sells and manages retirement developments. Its product ranges include Retirement Living and Retirement Living PLUS, which provide mainly one and two-bedroom apartments across the United Kingdom with varying levels of support and care for older people. Retirement Living developments provide independence in private apartments designed specifically for the over-60s, as well as facilities, such as communal lounges and guest suites that support companionship. Retirement Living PLUS developments, which are designed specifically for the over-70s, offer all of this plus more on-site facilities such as restaurants, well-being suites and function rooms.