Huntercombe services transferred to CareTech
CareTech Holdings plans to pursue further acquisitions in 2021 after adding seven services previously operated by The Huntercombe Group (THG) to its portfolio.
As reported...
Target Healthcare to raise £50m for investments
Target Healthcare REIT plans to raise £50m through a placing of new shares to help fund potential deals.
It has identified investments of £224m, consisting...
Galliard enters partnership to build £40m retirement village
Property developer Galliard Homes has entered a partnership to build a six-acre retirement village providing 65 homes in Lower Shiplake, Oxfordshire.
It is partnering with...
Income remains steady at Jewish Care as it invests in facilities
Jewish Care continues to develop new facilities while closing ones that have reached the end of their lifespan.
Phase two of its Sandringham development, in...
New contracts help drive turnover and EBITDA at Grosvenor
New contracts and extensions to existing partnerships with local authorities helped increase turnover and EBITDA at homecare provider Grosvenor Health and Social Care.
While several...
Responsible Housing REIT plans to raise funds for supported living
Responsible Housing REIT plans to raise £250m through an initial public offering for investment in supported living accommodation.
It will admit its ordinary shares to...
OakNorth Bank provides £20m loan to Park Lane Healthcare
OakNorth Bank has provided a £20.2m loan to care home operator Park Lane Healthcare to support the development of a care village.
Founded in 2005,...
Allegra Care and Moorfield Group grow portfolio with additions
Allegra Care and Moorfield Group have completed the acquisition of two properties in Cambridgeshire and Suffolk from Alysia Caring, adding 133 beds to the...
Property sales compensate for drop in occupancy at LifeCare
Proceeds from property sales at LifeCare Residences compensated for a drop in occupancy at its nursing home operations.
Turnover at its UK operations remained steady...
Fundamentals remain strong despite lag in recovery, says Target
A lag in recovery of private-fee occupancy has led to some providers leaving ‘themselves stretched’, investor Target Healthcare REIT has reported in a trading...
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