Saturday, January 25, 2020
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Impact to raise at least £25m

€6.5bn invested in older people’s care assets, says Knight Frank report

The European healthcare market continues to attract investment, with capital targeting the sector having more than doubled since 2015 to €6.5bn (£5.5bn) annually, according...

Target Healthcare agrees £9.7m deal

Target Healthcare REIT has purchased a site and entered into a forward funding agreement for the development of an elderly care home in Rudheath,...

Increased confidence in UK care market, report predicts

Care home developments and investment activity will remain active this year, with more M&A deals likely once uncertainty over Brexit is resolved, Christie &...

Target agrees £50m loan facility

Investor Target Healthcare REIT has agreed a £50m loan facility with ReAssure. The loan carries an aggregate fixed rate of interest of 3.28% per annum...

MiHomecare and Complete Care target growth after finalising restructure

MiHomecare and Complete Care have completed their restructure and turnaround plans as they begin to target growth. MiHomecare, a domiciliary care services provider for elderly...

Orders of St John posts surplus despite challenges 

The Orders of St John Care Trust generated a surplus of more than £750,000 despite its performance being affected by challenges at its homes...

Aedifica continues UK investment with £61m deal

Aedifica has bought a portfolio of five purpose-built care homes in the UK for £61m. The homes, which will be operated by Bondcare and Maria...

NFA and Outcomes First Group complete merger

The NFA Group and Outcomes First Group have finally merged to become one provider of outcomes-led learning, life skills and therapeutic care for children...

Turnover increases by more than 30% at ExtraCare

The ExtraCare Charitable Trust is on course to deliver five villages as part of its three-year corporate plan by the first quarter of 2021. The...
Impact to raise at least £25m

Increased occupancy helps improve Somerset Care results

Somerset Care’s financial performance has ‘significantly’ improved due to residential occupancy, new contracts and cost efficiencies. Residential care occupancy grew to 86.5% in the year...