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Civitas achieves rental income of £48m
Civitas Social Housing achieved a rental income of £48.4m in the year to 31 March, its unaudited trading update has shown.
The update said 99%...
Ashley House raises funds through sales
Health and housing property partner Ashley House plc has sold its interests in Partnering Health Ltd (PHL) and Infracare LIFT Holdings Ltd to its major lender Invescare...
Inspired Villages receives permission to develop further communities
Legal & General’s later living business Inspired Villages has secured planning permission to develop two retirement projects.
It will build a village on a six-acre...
HC-One seeks guarantees over income as occupancy falls
Occupancy levels at HC-One could fall as low as 70% by July due to current death rates because of Covid-19 and a lack of...
Achieve together acquires Progress Pathways
Achieve together has bought Norfolk-based care provider Progress Pathways, for an undisclosed sum.
Founded in 2008, Progress Pathways’ runs a seven- and three-bed residential service...
ThinCats provides funding for Churchlake Care expansion plans
Lender ThinCats has provided a £4m loan to Churchlake Care, as the operator continues to grow its portfolio of properties.
Established in 2017, Churchlake operates...
McCarthy & Stone sells assets for £35m
McCarthy & Stone has sold 135 apartments to Waverstone LLP for £35m as part of its strategy to exit development activity in Scotland.
The transaction...
Ancala Partners acquires majority stake in Holmleigh
Infrastructure investment manager Ancala Partners LLP has acquired a majority interest in Holmleigh Care Homes Ltd, on behalf of its European Infrastructure Fund II....
Inspired Villages buys site to develop retirement community
Inspired Villages - Legal & General’s later living business – plans to develop a 200-home retirement community after buying a 12-acre site in Caddington,...
Target’s portfolio value reaches more than £600m
The portfolio value of Target Healthcare REIT’s properties reached more than £600m, its unaudited quarterly net asset value (NAV) update has reported.
It rose by...
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