Friday, April 19, 2024
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Atelier provides £10.7m loan to Macc Group

Atelier has provided a £10.7m loan to care provider Macc Group to finance the development of a 71-bed setting in Leighton Buzzard, Bedfordshire. The lender’s...

Home Instead geared for ‘increase in innovation’

Performance at Home Instead continues to be ‘very strong’, with its parent company reporting growing revenue and EBITDA. Results posted by HI Global Holdings, the...

Impact transfers operations of Silverline care homes due to rent issues

Impact Healthcare REIT has negotiated to transfer the operations of Silverline Group care homes to an affiliate of an existing tenant. The REIT has seven...

Excelcare invests in system upgrades and innovation

Excelcare has invested £2.1m in digital systems and innovative initiatives, building on its rebrand last year. It has integrated systems across the business to improve...
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Forty-three Abbeyfield properties ‘can no longer be operated sustainably’

Abbeyfield Society is to begin a consultation on the future of 40 sheltered housing properties and three care homes that can no longer be...

CHA criticises Outcomes First Group over closure of services

Outcomes First Group (OFG)’s decision to close 25 children’s homes has been described as ‘unacceptable’ and ‘falls woefully short’ of standards expected from operators...

Welltower backs Healthcare Ireland’s expansion plans

Privately-owned care home operator Healthcare Ireland plans to create up to 950 jobs as part of a multi-million-pound plan backed by US investment firm...

Care at Home Services targets organic growth and acquisitions

Ongoing integration of Westminster Homecare into Care at Home Services (South East) Ltd helped drive revenue up 37%, with further growth planned. Results for the...

Leonard Cheshire’s turnaround plan to include disposal of properties

Leonard Cheshire is in the process of disposing of nine care settings as a part of a turnaround plan. The properties are estimated to be...

Completed projects help grow valuation of Aedifica’s portfolio

Completed development projects helped grow the valuation of Aedifica’s property portfolio, which rose by €9m (£7.8m) during the first three months of the year. The...