Friday, July 24, 2026
Advertisement
Home Care Markets Business Property sales compensate for drop in occupancy at LifeCare

Property sales compensate for drop in occupancy at LifeCare

CGI of Grove Place nursing home

Proceeds from property sales at LifeCare Residences compensated for a drop in occupancy at its nursing home operations. Turnover at its UK operations remained steady at £10.2m (2020: £10.4m) last year, while it posted a pre-tax profit of £200,000 (2020: £9.3m loss). EBITDA grew to £2.9m, which was up from -£6.5m the year previous, while…

Membership Required

You must be a CM Subscriber to view this content.

Subscribe Now »

Already have an account?