Octopus Real Estate funds purchase of land for care home
Octopus Real Estate has completed a £1.7m commercial bridge loan secured on land with planning permission for a 60-bedroom care home in Odiham, Hampshire.
In...
Challenges persist despite growing care revenues at Bupa
Rising fee rates and occupancy across care services helped deliver revenue growth at Bupa, as the business continues to navigate the impacts of Covid-19....
Lifestory secures loans to fund six developments
Lifestory has closed two development loans of £90m that will help fund six later living sites in the UK.
The two loans were provided by...
Excelcare ‘on the front foot’ to meet local demand
Positive relationships with local authorities helped Excelcare post strong occupancy rates across its subsidiary businesses, helping grow revenue.
Across its subsidiaries, which operate care homes...
Triple Point acquires units for £9.4m
Triple Point Social Housing REIT has bought four properties and exchanged contracts on another setting, comprising 45 units in total.
Excluding acquisition costs, the group...
Optimo continues expansion with Abbey Care acquisition
Optimo Care has continued its expansion with the acquisition of supported living and specialist care provider Abbey Care and Nursing @Home Limited.
Financial details of...
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...
Inspired Villages receives green light for £215m development
Legal & General’s later living business Inspired Villages has had plans for a 270-home retirement community accepted by Reigate and Banstead Borough Council.
The £215m...
Homes2Inspire targets growth through developing partnerships
Homes2Inspire has continued to develop its provision by opening children’s residential settings, with more under development.
The provider, which is a wholly owned subsidiary of...
Greensleeves Care expands provision with acquisition
Greensleeves Care has expanded its not-for-profit provision with the acquisition of Broadacres, a residential care home in Barton Turf, Norfolk.
An independently owned and run...
©2024 All rights reserved LaingBuisson 