Wednesday, April 24, 2019
Impact agrees £25m credit facility

Impact agrees £25m credit facility

Impact Healthcare REIT has agreed a new revolving credit facility worth £25m with Clydesdale Bank. The facility will help the real estate investment trust to...

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...

Losses grow at Cambian subsidiary

Cambian Autism Services Ltd, a subsidiary of the Cambian Group, saw its losses grow to £7.4m in the 12 months to 31 December 2017,...
Abbotsford House Luxury Suites

Hamberley buys Abbotsford House Luxury Suites

Boutique care home operator Hamberley Care Homes has purchased Abbotsford House Luxury Suites for an undisclosed sum. The home in Milngavie, East Dunbartonshire, was bought...

Losses continue for C&C

The parent company of City & County Healthcare continued to report significant losses in the year ended 31 March 2017. C&C Topco Limited reported revenues...

SeniVita Social Estate plans capital reduction ahead of IPO

German care homes developer SeniVita Social Estate is to embark on a capital reduction ahead of a long-awaited IPO in Frankfurt. The 5:1 reduction in...

Losses at Cambian Group continue as revenue rises

Revenue at children’s services provider Cambian Group grew 7.6% to £196m in the year ended 31 December 2017 (2016: £182.1m), helped by a rise...
HC-One reports £6.7m pre-tax loss

HC-One reports £6.7m pre-tax loss

Care home operator HC-One has fallen into the red, its latest financial statement reveals. The provider saw turnover rise 1.1% to £309m in the year...

Kang to take on Cambian’s finances

Anoop Kang is to join the board of Cambian as chief financial officer in July, replacing Martin Hopcroft who is in the role on...
Income growth at Jewish Care despite occupancy woes

Jewish Care posts income growth despite occupancy woes

Competition and people opting for homecare led to a fall in occupancy in care homes at Jewish Care. The health and social care provider said...