Friday, September 29, 2023
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Methodist Homes to transfer two services to Ceredigion County Council

Methodist Homes (MHA) will be transferring two of its services to Ceredigion County Council.  Hafan y Waun, its care home in Aberystwyth, Wales, will transfer...

ResI REIT enters the housing with care market

UK-based REIT Residential Secure Income plc (ResI) has carried out its first acquisition, buying 1,341 retirement properties for £100m. The acquired portfolio is concentrated in...

Cera targets up to eight deals this year

Cera Care will shift its focus to bigger acquisitions after completing the purchase of Radcliffe Home Help Services in Nottinghamshire and Advanced Community Healthcare...

Agincare considers viability of contracts despite rising profit  

Agincare could exit from certain ‘geographical areas or service provision’ as it continues to assess the long-term viability of its contracts. Despite reporting rising turnover...
CareTech positive over fee rises

Pre-tax profit dips at CareTech following Cambian deal

Pre-tax profit fell by 19% at CareTech despite revenue rising 119.8% following the capture of Cambian, its interim results show. In its first financial results...

Audley Group in joint venture with Schroders and Octopus

Audley Group has formed a joint venture (JV) with the real estate arms of Schroders and Octopus Group to fund the development of four...

Sue Ryder grows homecare services

Sue Ryder has diversified its Scottish homecare service to provide specialist neurological support in the community. The move is part of the charity’s expansion of...

Mears at advanced stage in exiting domiciliary care

Mears Group is at an advanced stage in the sale and exit from its standalone domiciliary care operations in England and Wales. The disposal will...
Target delivers portfolio diversification with investments

Target well placed despite challenges ahead

Target Healthcare REIT bought 11 assets for £109.6m in the second half of last year, diversifying the number of tenants it works with to...

Montreux Healthcare Fund announces strategic review of operating business

The Montreux Healthcare Fund has appointed Rothschild, PwC and Gowling WLG to carry out a strategic review of its operating business, The Active Care...