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Sheikh Holdings and CareTech talks at ‘advanced stage’
Extensions have been granted in relation to offers for CareTech following separate proposals from Sheikh Holdings and DBAY Advisors Ltd.
On 13 April Sheikh Holdings...
Care Hires secures £2m investment from West Hill Capital
Software solution provider Care Hires has secured £2m investment from West Hill Capital to support its growth.
Founded by Suleman Sacranie and Nizam Bata, Care...
OakNorth director remains ‘bullish’ over care sector
OakNorth Bank has appointed Steve Wilson as a director in its debt finance team, as it looks drive lending across the social care sector.
Wilson,...
Rental providing choice for Lifestory customers
Retirement living developer Lifestory has seen increasing interest in its rental model of properties as it looks to offer customers choice before potential sales.
Its...
Impact Healthcare reports growing rental income and portfolio valuation
Contracted rent rose 3.9% at the end of the first quarter at Impact Healthcare REIT, assisted by its portfolio of homes growing during the...
Fee rises help drive revenue and EBITDA at Lifeways
Fee increases helped Lifeways post rising revenue and EBITDA despite a fall in occupancy, the company has reported.
The provider continued to achieve improvements through...
Losses narrow at McCarthy Stone as revenue grows 70%
McCarthy Stone continues to make ‘good progress’ on its multi-tenure strategy with 176 (17.4%) of completions relating to rental, demonstrating demand for the offering.
While...
Hamberley in £100m sale and leaseback deal with Rynda Healthcare
Care home developer and operator Hamberley Group has sold five of its care homes to real estate investment firm Rynda Healthcare.
The deal, worth over...
Impact Healthcare acquires care homes for £8.1m
Real estate investment trust Impact Healthcare has exchanged contracts to acquire three purpose-built care homes in and around Glasgow with existing group tenant Silverline.
Once...
Sheikh Holdings ups offer proposal for CareTech
CareTech has received a revised proposal from the consortium led by Sheikh Holdings Group (Investments) Ltd, which values the provider at £850m.
Independent directors of...
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