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Cost pressures dampen margins at Excelcare
Pressure on pay rates and the need to attract and retain staff led to rising employment costs at Excelcare, dampening gross profit margins.
Excelcare (Cambridge)...
Housing 21 partners with Sequential to deliver extra care homes
Sequential Investors has teamed up with not-for-profit provider Housing 21 to deliver a 98-bed extra care scheme.
The £20m project in Thorpe St Andrew, Norfolk,...
Acquisitions bolster turnover and EBITDA at Accomplish
Growing occupancy and hours of care delivered have helped Accomplish Group post rising turnover and EBITDA.
The provider, which supports vulnerable people with mental health...
Rental an ‘important growth area’ for Retirement Villages Group
Retirement Villages Group (RVG) has more than doubled the number of properties within its portfolio that it rents out.
The retirement villages provider increased the...
Achieve together buys Careview Services
Achieve together has increased its presence with the acquisition of West Midlands operator Careview Services.
The deal, for an undisclosed sum, includes Careview Caring Support...
Civitas pilots schemes to improve environmental footprint
Civitas Social Housing (CSH) is piloting projects to improve energy efficiency within its buildings, including installing solar panels and air source heat pumps to...
Value of Target Healthcare’s portfolio grows 1.6%
The value of Target Healthcare REIT’s portfolio grew by 1.6% during the final quarter of 2020, reaching £647.7m.
In its quarterly update, the group said...
Home Instead drops ‘senior care’ as part of rebrand
Homecare provider Home Instead UK has rebranded, dropping ‘senior care’ from its name.
The update, which is being rolled out across the global franchise network,...
Ripe for growth
Ben Barbanel, head of debt finance at OakNorth Bank, explains why older people’s care and retirement living are attractive to lend to
Covid-19 has presented...
Lone Star deal for McCarthy & Stone set to complete
Trading of McCarthy & Stone shares will be suspended today (Friday) after court approval of its takeover by US private equity firm Lone Star...
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