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Joint venture to support care home developers
A strategic joint venture to improve access to finance for real estate developers has been formed by Beaufort Capital and Pollen Street Capital.
The lending...
Revenues hold up at Excelcare despite fall in private occupancy
Revenues held up across Excelcare despite the drop in the number of self-funders across its portfolio of homes.
Its finances, which are split across three...
PGIM Real Estate bags care homes for £70m
PGIM Real Estate has bought a portfolio of six purpose-built care homes for £70.2m from Legal & General Investment Management (LGIM).
The portfolio, which consists...
Aedifica to invest £13m in care home project
Aedifica will invest £13m in the development of a care home to be operated by Maria Mallaband Care Group (MMCG).
The 61-bed property, which will...
Impact Healthcare REIT raises £40m through share issue
Real estate investment trust Impact Healthcare has raised £40m through the issue of new ordinary shares at a price of 114 pence per share.
It...
Occupancy steadily increasing at Hallmark Care Homes
Occupancy is ‘recovering steadily’ to pre-pandemic levels across settings operated by Hallmark Care Homes.
Its financial results for the year ended 31 March 2021 said...
Avery Healthcare positioned for growth following Reuben Brothers investment
Reuben Brothers (RB) and Welltower have formed of a long-term strategic partnership in conjunction with the former acquiring Avery Healthcare.
The acquisition of Avery, which...
Alina Homecare posts double-digit revenue growth
Alina Homecare posted increased revenues and profitability despite the impact of the pandemic, highlighting the ‘comparative safety’ of the market over residential care.
The operator,...
City & County Healthcare acquires Midway Care Group
City & County Healthcare Group has completed the acquisition of Midway Care Group, including its trading brands Midway Support Services Ltd, Midway Care Ltd,...
Acquisitions help drive up revenue and EBITDA at Accomplish
Further acquisitions and growing occupancy helped drive up revenue and EBITDA at Accomplish Group.
The operator, which provides support to vulnerable adults with mental health...
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