Friday, May 3, 2024
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EBITDA rises at Somerset Care despite pressures

External pressures resulted in declining homecare and learning disability hours at Somerset Care but this was offset by growing occupancy in its care home...

Person Centred Software grows with deal for ResHub

Person Centred Software (PCS) has further expanded its connected care platform with the acquisition of ResHub. Founded by Sean McLoughlin and Neil Hosey in 2020,...

Aedifica completes ten projects in Q1

Aedifica completed ten projects in the first quarter of the year in Finland, Germany and the UK. It invested €74m (£65.7m) in the properties, adding...

‘Tough year’ for RVG pre sale

Ahead of its sale to AXA Investment Managers - Real Assets in September, Retirement Villages Group (RVG) reported a 28.5% rise in revenues for...

Civitas seals £7.8m deal

Civitas has purchased nine regulated social housing properties comprising 42 tenancies for £7.8m. The properties are leased to Encircle Housing Ltd, Auckland Home Solutions CIC...
Diversification proves positive for Impact Healthcare

Impact’s share placing ‘significantly oversubscribed’

Impact Healthcare REIT’s share placing which was announced last month has been ‘significantly oversubscribed’. The board exercised its right to increase the size of the...

Affordable Housing granted £60m loan

Affordable Housing & Healthcare Group (AHH) has been granted a £60m loan from OakNorth Bank to fund the development of three retirement living schemes...

Higher fees help drive up revenue at Barchester

Higher fee rates and an increase in occupancy helped drive up revenue by £30.1m at Barchester Healthcare, its results have shown. The provider, which has...
Fee rates drive financial performance at Advinia

Turnaround of Bupa homes helps deliver strong results for Advinia

Advinia Health Care Ltd is on target to deliver revenues of more than £100m, following a strong turnaround of the 22 Bupa care homes...

Triple Point buys properties for £18.3m

Triple Point Social Housing REIT has bought six supported housing properties and a care home for £18.3m.  The properties, comprising 91 units, are in the...