Careport Group intends to ‘cautiously grow’ bed capacity
The Careport Group plans to increase the number of beds it operates across its existing homes as well as targeting acquisitions.
ResI REIT enters the housing with care market
UK-based REIT Residential Secure Income plc (ResI) has carried out its first acquisition, buying 1,341 retirement properties for £100m.
The acquired portfolio is concentrated in...
Cera targets up to eight deals this year
Cera Care will shift its focus to bigger acquisitions after completing the purchase of Radcliffe Home Help Services in Nottinghamshire and Advanced Community Healthcare...
McCarthy & Stone posts plummeting pre-tax profit
Continuing uncertainty and challenging market conditions dented half-year results at retirement housebuilder McCarthy & Stone, which posted a 66% drop in pre-tax profit.
In the...
Target Healthcare buys Nottingham care home for £7.6m
Target Healthcare RIET has purchased a Nottingham care home for £7.6m in a sale and leaseback deal with Acacia Care.
Acorn House was built in...
Impact’s portfolio valuation grows 47%
The valuation of Impact Healthcare REIT’s portfolio grew 47.4% to £271.6m as at 30 June 2019 (30 June 2018: £184.3m), with the investor adding...
Barchester buys 24 brighterkind care homes
Barchester Healthcare has bought 24 brighterkind care homes from Terra Firma, for an undisclosed sum.
The homes, which sit outside the main Four Seasons group,...
Cera snaps up Mears Group’s domiciliary care business
Cera Care has bought Mears Group’s domiciliary care business in England and Wales for £4m, with a further £1m deferred over the coming 12...
Care UK continues to grow self-funding segment of operation
Almost 50% of revenue earned by the residential care services division at Care UK was from self-funders.
Money from the self-funding segment has grown from...
Impact Healthcare reports drop in occupancy among its tenants
Impact Healthcare REIT has reported an 8% fall in the number of occupied beds across its portfolio over a four-month period.
In a quarterly update,...
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