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...
Meallmore reports rise in revnue
Care home operator Meallmore Limited reported a 8.1% rise in revenues from £39.9m to £43.2m for the year ended 31 March 2017.
Direct costs stood...
Income falls at Milestones
The Milestones Trust reported a slight drop in its total incoming resources from £28.9m in 2016 to £28.5m for the year ended 31 March...
Excelcare profit drop
Excelcare Holdings reported a 43.2% rise in revenues but profits plummeted for the care home provider in the year ended 31 March 2017.
Turnover stood...
‘Tough year’ for RVG pre sale
Ahead of its sale to AXA Investment Managers - Real Assets in September, Retirement Villages Group (RVG) reported a 28.5% rise in revenues for...
Audley secures £125m loan
Retirement villages provider, Audley Group, has refinanced its debt facilities with a £125m five-year term loan from HSBC and Bank Leumi (UK).
The facility will fund the Audley...
Tracscare rebrands
Specialist care provider Tracscare has re-branded and is now called accomplish. The provider says its name change is part of a wider re-brand which...
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...
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...
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