Target ‘fully invested’

Target Healthcare REIT is to launch a new share offer after the company said it was now ‘fully invested’ following the acquisition of two...

Pre-tax loss for Life Style Care

Life Style Care (2010) plc, one of the Life Style Care group of companies, achieved a 13.5% increase in turnover for the year ended...

Static year for Signature

Sales remained static for Signature Senior Lifestyle Limited for the year ended 31 December 2012 despite a change in fortune for two of its...

Willowbrook sees 75% revenue rise ahead of Health Care REIT sale

High end care home operator Willowbrook Healthcare, which was recently snapped up by Health Care REIT from Graphite Capital (CCMn August/September 2013), reported an...

Eden joins with Essential Futures

Sovereign Capital backed Eden Supported Living announced last month that it has combined its business with homecare provider Essential Futures.As a combined group, it...

ExtraCare increases surplus

The ExtraCare Charitable Trust reported an increase in turnover and surplus for they year ending 31 March 2013. The market leading extra care provider, which...

Revenue rise for Caring Homes

Ahead of its sale and leaseback deal with Griffin-American Healthcare REIT (CCMn July 2013), Caring Homes Healthcare Group Limited reported a rise in revenues...

Avante launches £5m bond

Avante Partnership has launched a £5m charity bond to fund the development of a 75-bed dementia care home on the Isle of Sheppey.Promoted by...

Cambian set to go public?

Mental healthcare provider Cambian could be set to list on the London Stock Exchange in a £500m float according to rumours within the sector.Sky...

Target fully invested’

Target Healthcare REIT is to launch a new share offer after the company said it was now fully invested’ following the acquisition of two purpose-built care homes in the north west of England. Formed in January 2013, the specialist investor was listed on the London Stock Exchange two months later, raising £45.6m. Target bought the homes in Longridge, near Preston, Lancashire and St Helens, Merseyside for £11.5m, including acquisition costs. Offering a total of 154 beds, the two homes provide both residential and dementia care.