Thursday, May 19, 2022
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Civitas increases property portfolio value by 60%

Civitas Social Housing added 177 properties during the year ended 31 March 2019, increasing its portfolio value by 60% to £826.9m (2018: £516.6m). Its financial...

Ashley House reaches financial close on Hampshire scheme

Ashley House has reached financial close on one of its three delayed Morgan Ashley schemes. The 54-apartment extra care facility in Romsey, Hampshire, is being...

City & County buys The Human Support Group

City & County has bought homecare services specialist The Human Support Group (HSG) for an undisclosed sum. Established in 1998, Manchester-headquartered HSG provides domiciliary care,...

McCarthy & Stone reports solid performance despite dip in profit  

McCarthy & Stone has delivered revenue of £725m (2018: 672m), which was supported by a 3% rise in the average selling price of its...

Growth potential of care homes

Every lender should be interested in care homes, according to OakNorth Bank’s debt finance director Stuart Blair. He explains why As a debt finance director...

Target Healthcare buys £15m care home

Investor Target Healthcare REIT has let a newly developed care home to Ideal Carehomes, which it bought for £15m. The 66-bed property in Bicester, Oxfordshire,...

CareTech snaps up assistive technology business following CMA intervention

CareTech has bought a majority holding in software and hardware firm Smartbox Assistive Technology Ltd, as part of the group’s drive to provide technology...

McCarthy & Stone shareholders back £647m deal

US private equity firm Lone Star has had a bid of £647m for retirement communities operator McCarthy & Stone accepted. The agreement was reached after...

Housing 21 partners with Sequential to deliver extra care homes

Sequential Investors has teamed up with not-for-profit provider Housing 21 to deliver a 98-bed extra care scheme. The £20m project in Thorpe St Andrew, Norfolk,...
Diversification proves positive for Impact Healthcare

Impact Healthcare REIT to raise funds through share issue

Impact Healthcare REIT intends to raise £50m through issuing new ordinary shares of the company. Proceeds will be used to help pay down its drawn...