Friday, April 23, 2021
Advertisement

Bupa’s older people’s care business hit by Australia operations

Underlying profit has declined by £25m at Bupa’s aged care businesses worldwide. Revenues at its aged care services grew in the UK and Spain but...

Hamberley Development buys care home site

Specialist care homes developer Hamberley Development has purchased a site in Keynsham, south of Bristol, for an undisclosed sum. The site, sold by consultancy Carterwood...

Quality issues dampen contract wins at Shaw Healthcare

Shaw Healthcare Group has reported a ‘disappointing’ financial performance despite growing turnover from new contracts. Revenue grew 12.8% to £112m last year (2019: £99.6m) but...

Saint Cecilia’s grows portfolio with purchase

Saint Cecilia’s Care Group has bought Alba Rose care home in Pickering, North Yorkshire, from a family owner for an undisclosed sum. The 22-bed property...

PrimeLife buys Springhill Care Group

PrimeLife has bought Springhill Care Group in a deal involving AEW UK Real Return Fund (RRF). The transaction involves PrimeLife selling the freehold of two...

Margins tighten at Radis Community Care

Radis Community Care will continue to review its domiciliary care contracts as increases in wage costs have not been matched by fee uplifts from...

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...

Target on track to add tenants

Target Healthcare REIT is on track to add two tenants and a further £2.3m of annual contractual rent during 2019 from three forward funded...

Cera snaps up Mears Group’s domiciliary care business

Cera Care has bought Mears Group’s domiciliary care business in England and Wales for £4m, with a further £1m deferred over the coming 12...

Target Healthcare posts growing portfolio value and rental income

Portfolio value and rents grew by more than 4% in the second half of last year at Target Healthcare REIT despite ‘challenging circumstances’ due...