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CIC remains ‘strong’ despite deficit
Charity Community Integrated Care (CIC) remained strong in a strong financial position according to directors despite recording a deficit for the year ending 31...
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...
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.
CMG announces debt for equity swap
Care provider for people with learning disabilities, Care Management Group (CMG), announced last month that it had refinanced with £47m of £107m debt replaced...
Solid showing from Methodist Homes
Charity Methodist Homes (MHA) reported a 16.8% rise in incoming resources for the year ended 31 March 2013 to £179.7m from a restated figure...



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