Wednesday, November 30, 2022
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Mears to place greater emphasis on housing with care

Mears Group plans to accelerate changes to its care business, placing increasing emphasis on housing with care. Care revenues at the group fell 15% to...

Acadia considers splitting Priory Group

The parent company of Priory Group is considering splitting the health and social care provider into two parts. Private equity firm CapVest is among investors...

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...

Impact Healthcare to add 13 care homes to portfolio

Investor Impact Healthcare REIT has entered two acquisition deals and agreed to fund the construction of a care home. The group has exchanged contracts...

Triple Point completes £7.6m deal

Triple Point Social Housing REIT has completed the acquisition of seven properties, comprising 40 units, for £7.6m. The properties, which are in the North West...

Hallmark Care Homes launches Santhem Residences

Hallmark Care Homes has created a retirement living brand called Santhem Residences, as part of its entrance into the assisted living market. The Essex-based brand...

Future Directions to grow presence

Future Directions plans to increase its presence into other geographical areas and offer more support to wider groups of people. It mainly provides services in...

Ripe for growth

Ben Barbanel, head of debt finance at OakNorth Bank, explains why older people’s care and retirement living are attractive to lend to Covid-19 has presented...

Lilli raises £4.5m for rollout of machine learning-enabled care

Software company Lilli has raised £4.5m in a pre-Series A funding round organised by West Hill Capital. Lilli uses smart technology that provides detailed, around-the-clock...

Allegra Care and Moorfield Group acquire Sentinel Healthcare

Allegra Care and real estate fund manager Moorfield Group have completed the acquisition of Sentinel Healthcare, the privately owned nursing home group. Sentinel owns a...