Tuesday, July 23, 2024
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Occupancy growth helps power results at Graham Care Group

Rising occupancy and fees helped drive up revenue and EBITDAR at Graham Care Group, as the business continued expanding its level of provision. At the...

Market sentiment improving as transactions complete  

Transaction volumes in older people’s care real estate settled at £250m in the second quarter, bringing the year-to-date total to around £740m. Figures released by...

Care home deals roundup

Capital Care Homes has bought Tŷ Hafod Nursing Home in Capel Llanilltern, South Wales. Tŷ Hafod, which is registered for 27 residents, is a detached,...

Financials improve at Rehability Group despite staffing issues

Recruitment proved challenging at Rehability Group Ltd as the provider had to increasingly rely on agency staff. Its financial results showed direct staff costs rose...

Nordic Capital to acquire majority share in Sensio

Nordic Capital has entered into an agreement to acquire a majority share in Sensio to further accelerate the company’s growth, international expansion and to...

Aedifica completes eight projects in Q2

Aedifica completed eight projects in its investment programme in the second quarter, including a care home in the UK. It invested €61m (£51.3m) across schemes...

Care home business at Gainford Group outperforms leisure division

The Gainford Group reported growing turnover across its care home operations as revenue at its hospitality division remained unchanged. The group operates nursing and residential...

Country Living Care Group secures financing from Allica Bank

Country Living Care Group has bought a second property after securing finance from Allica Bank. Owners Dr Will and Deborah Andrews have taken over Alfriston...

Churchill Living completes seven land acquisitions

Churchill Living has exchanged contracts on seven sites, with a gross development value of £125m. The sites are in Cirencester in Gloucestershire, Kingswinford in West...

Kingsley Healthcare extends footprint with Surrey care home deal

Kingsley Healthcare has acquired Eliza Palmer Care Home in Hersham, Surrey, from The Whiteley Homes Trust. The deal for the purpose-built home, which is rated...