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Puma Property Finance completes £9m loan for care home
The development-focused property finance business of Puma Investments has completed a £9m loan to fund a 68-bedroom care home in Cheadle, Greater Manchester.
Development-led provider...
Target to raise £50m through share placing
Target Healthcare plans to raise £50m by issuing new ordinary shares under its existing placing programme at 110.5 pence per share.
The offer price represents...
Dolphin Homes secures £2m funding
Care provider Dolphin Homes has secured a further £2m from investor BGF to pay for the building of two care homes in Hampshire.
BGF invested...
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...
Ashley House reaches financial close on Hampshire scheme
Ashley House has reached financial close on one of its three delayed Morgan Ashley schemes.
The 54-apartment extra care facility in Romsey, Hampshire, is being...
High street woes help care sector attract institutional investors
The older people care sector continues to be favourable to institutional investors as the population lives longer with an increasing range of health conditions.
Appetite...
Voyage Care grows revenue by 7.4%
Growth in both registered and community-based care helped increase revenue at Voyage Care.
In its quarterly update, the provider grew revenue by 7.4% to £65.1m...
Audley Group in joint venture with Schroders and Octopus
Audley Group has formed a joint venture (JV) with the real estate arms of Schroders and Octopus Group to fund the development of four...
Target buys care homes for £18.6m
Target Healthcare REIT has bought two care homes for £18.6m.
The homes, which were bought from Bluebrick Healthcare, have been let on 35-year leases with...
Civica buys Warwick International
Digital solutions services provider Civica UK Ltd has bought Warwick International Computing Systems Ltd, for an undisclosed sum.
Warwick International is an occupational health, and...
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