Mears remains ‘highly selective’ with care bidding
Care revenue has fallen 13% at Mears Group as the company remains ‘highly selective in bidding’ for new work, while regularly revisiting existing activities.
Its...
Reshaping of aged care business hits UK results at Bupa
UK revenue and underlying profit both fell at Bupa last year as it reshaped its aged care business following the sale of 132 care...
HC-One reports £6.7m pre-tax loss
Care home operator HC-One has fallen into the red, its latest financial statement reveals.
The provider saw turnover rise 1.1% to £309m in the year...
Impact agrees £25m credit facility
Impact Healthcare REIT has agreed a new revolving credit facility worth £25m with Clydesdale Bank.
The facility will help the real estate investment trust to...
Target delivers portfolio diversification with investments
Target Healthcare REIT invested £81.8m in development assets and care homes during the six months to 31 December 2018, as it continued to diversify...
‘Who Am I’ feature launched to help improve dementia care
Person Centred Software has launched a ‘Who I Am’ feature as part of its Mobile Care Monitoring tool.
The feature aims to help staff provide...
Christie & Co completes on care home deals
Business property adviser Christie & Co has completed on three separate care home deals.
The first deal involves the elderly care division of the Dignus...
Voyage Care reports positive Q3 growth
Growth in registered and community-based care operations helped Voyage Care post a 7.4% rise in revenue in the three months to 31 December 2018.
In...
REIT buys Bupa care home for £13.8m
Investor LXi REIT has bought a Bupa care home in Bristol for £13.8m.
The property, which provides nursing and residential care, has been let to...
MHA pauses on new developments
Methodist Care Homes (MHA) has halted plans for new developments as it focuses on building its cash reserves and improving existing properties.
Despite its accounts...
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