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Revenue at Bupa care services remains flat
Revenue at Bupa Care Services in the UK remained stable during the first half of the year reaching £192m (HY 2020: £192m).
Bupa’s results for...
Target Healthcare progressing on deals as portfolio value grows
Target Healthcare REIT’s property portfolio value grew 5.2% in the most recent quarter, with the investor progressing to completion on other deals.
Its unaudited quarterly...
Oakland Care secures financing to support growth
Oakland Care has secured a five-year financing package that will support its development of purpose-built care homes.
It will be continuing its partnership with HSBC,...
L&G and NatWest pension fund form JV to build retirement homes
Legal & General has entered into a 15-year joint venture (JV) with NatWest Pension Trustee Ltd (NWPTL) to invest £500m in later living communities...
Alcedo Care Group secures £2m funding
Alcedo Care Group has secured a £2m funding facility with banking group Close Brothers to support its growth plans.
The homecare provider, which operates ten...
Impact Healthcare identifies ‘strong pipeline’ of opportunities
Impact Healthcare REIT’s property portfolio was valued at £432.4m at the end of June, an increase of £5.4m or 1.3% in the quarter (31...
Institutional investors back Octopus Real Estate’s care home plans
Octopus Real Estate (ORE) has raised a further £314m for its fund focusing on care homes, with commitments from new and existing institutional investors...
Belong chief executive Tracey Stakes to step down
Belong chief executive Tracey Stakes intends to retire from the not-for-profit care village operator later this year.
The operator is in the process of recruiting...
Sunrise Senior Living to exit management of its UK business
Care UK and Signature Senior Lifestyle will take over the leadership and management of all homes run by Sunrise Senior Living UK and Gracewell...
Care providers looking to grow portfolios, says market review
Demand for care homes has remained strong but the pandemic delayed properties coming to market as owners grappled with Covid-19 outbreaks and occupancy challenges.
A...
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