Carterwood completes sale to Hamberley

Carterwood completes sale to Hamberley

Carterwood has completed the sale of a development site on behalf of Malvern Homes to Hamberley Care Homes, for an undisclosed sum. The site has...

Anchor to operate care homes following sale by Hadrian Healthcare

Lime Property Fund managed by Aviva Investors has bought five care homes from Hadrian Healthcare. The properties have been leased to Anchor Hanover on 35-year...
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...

Belgium: Aedifica to raise €418m to fund acquisitions

Belgian healthcare REIT Aedifica is to raise €418m (US$469m) on Euronext Brussels, predominantly to refinance the acquisition of a real estate portfolio in the...

Brexit uncertainty dents completions for Audley

Uncertainty surrounding Brexit negotiations led to a reduction in the number of expected completions at Audley Villages. The number of completions last year fell to...
Losses balloon at Tunstall Healthcare

Masonic care company plugs £7.3m shortfall

The Royal Masonic Benevolent Institution Care Company (RMBI) had to plug a £7.3m gap because payments from local authorities were ‘considerably lower’ than the...

Graphite to launch sale of City & County, say sources

Graphite Capital is about to launch the sale of UK homecare provider City & County Healthcare Group, sources have said. Possibly launching next month, PricewaterhouseCoopers...

McCarthy & Stone to deliver care services directly

McCarthy & Stone has ended its nine-year partnership with Somerset Care and will directly deliver care, domestic support and property management services across its...

Pre-tax loss grows 56.9% at Four Seasons Health Care Group

Four Seasons Health Care Group posted a growing pre-tax loss of £229.3m in 2018 (2017: £146.1m), its unaudited draft accounts show. Turnover during the year...

Leonard Cheshire offloads 16 residential services  

Leonard Cheshire has sold 16 residential services to Valorum Care, for an undisclosed sum. Services that have been transferred are Alne Hall, Beechwood, Champion House,...