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Making Space brings forward pay increases for frontline staff
Making Space is the latest care provider to pay all employees the voluntary real living (RLW) wage.
As recommended by the Living Wage Foundation, £9.90...
Indicators ‘trending adversely’ for three years at Cornwall Care
Financial indicators around working capital and indebtedness were ‘trending adversely’ for three years, forcing Cornwall Care to temporarily close three of its care homes.
Last...
Occupancy strengthening across Jewish Care settings
Occupancy is improving across care homes run by Jewish Care, with the majority of its ten settings back to pre-pandemic levels.
The provider told CM...
Rynda Healthcare buys care home asset
Rynda Healthcare has bought a 90-bed care home in Edinburgh from Janus Henderson UK Property fund.
Cairdean House, which will be let to Care UK,...
Impact Healthcare REIT to raise funds through share issue
Impact Healthcare REIT intends to raise £50m through issuing new ordinary shares of the company.
Proceeds will be used to help pay down its drawn...
Investor appetite in sector to remain despite challenges, says report
Resurgence of M&A activity across the care market last year is predicted to continue in 2022, with investor appetite remaining strong.
Releasing its annual outlook,...
Maria Mallaband receives investment to support growth plans
Maria Mallaband Care Group (MMCG) has received £5m investment from Frontier Development Capital (FDC) to support its refurbishment and expansion plans.
Upgrades will be led...
Octopus completes £11m loan for care home development
Octopus Real Estate has provided an £11m loan for the development of a 71-bed care home in Bedhampton, Hampshire.
The project, which has full planning...
Allica Bank’s delivers commercial mortgage for care home deal
Allica Bank has delivered its first commercial mortgage within its healthcare division, enabling the purchase of a 21-bedroom care home in Oswestry, Shropshire.
The loan...
Abbeyfield Society continues to attract interest from abroad
Abbeyfield Society continues to attract international interest with France and Spain considering opening homes.
Despite a difficult year, the charity was continuing to develop outside...
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