Armighorn Capital buys care home for £3m

Armighorn Capital buys care home for £3m

Healthcare company Armighorn Capital has bought Copper Hill Care Home from HC-One following a £3m investment from Frontier Development Capital. The property in Leeds has...

Voyage Care reports positive Q3 growth

Growth in registered and community-based care operations helped Voyage Care post a 7.4% rise in revenue in the three months to 31 December 2018. In...

Terra Firma in negotiations to offload brighterkind, suggests report

Guy Hands is in talks to sell 24 care homes to real estate investor Patron Capital Partners, Sky News has reported. It said Hands’ Terra...

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...
Target delivers portfolio diversification with investments

Target delivers portfolio diversification with investments

Target Healthcare REIT invested £81.8m in development assets and care homes during the six months to 31 December 2018, as it continued to diversify...

Regard Group and CMP merge

The Regard Group and Care Management Group (CMG), which are both owned by investment manager AMP Capital, have merged. AMP bought CMG in December following...

Fremantle reports 1.6% rise in revenue

The Fremantle Trust reported a 1.6% rise in revenues for the year ended 31 March 2017 from £48.7m to £49.4m. Total expenditure also increased to...

Government delay takes Ashley into the red

Government delays over its LHA cap reforms hit listed housing with care operator Ashley House's revenues and profits, as it failed to bring any...

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 bolstered by boost in profit

Major care home operator HC-One has reported a pre-tax profit for the first time since it was formed in 2011, its accounts to the...