RMBI Care closes charity bond after reaching £10m
The Royal Masonic Benevolent Institution Care Company (RMBI Care) has closed a charity bond after reaching £10m through investments in less than four weeks,...
Investors need to develop understanding of care sector, report finds
Institutional investors need to better understand the care sector to help deliver sustainable returns, as interest in the asset class grows.
A report from healthcare...
Staff availability impacting growth at Voyage Care
Rises in fees helped revenue growth at Voyage Care but continued workforce challenges resulted in falling EBITDA, quarterly results showed.
Revenue in the three months...
Horizon Care & Education fully integrates Key2 with rebrand
Horizon Care & Education has fully integrated Key2 into its business by renaming the division Horizon Supported Accommodation.
The move comes as it prepares for...
Shawbrook Bank provides £4m to CareConcepts
Care home provider CareConcepts has expanded its portfolio, acquiring Marion Lauder House with support from Shawbrook Bank.
Set up by a team who have operated...
Shortfall in fee rises leads to contract hand backs at Choice Support
Fee increases not meeting the rise in national living wage resulted in Choice Support handing back contracts.
The provider said, in its latest accounts, by...
Civitas closes £71m debt facility
Civitas Social Housing has closed a five-year term debt facility of £70.9m with a European bank lender.
The facility has been used to close the...
Workforce issues dampening results at Thera Trust
Thera Trust is expected to make a loss this financial year because of ongoing workforce issues across social care sector.
The charity, which is made...
Aedifica invests over half of development funds in UK and Ireland
Over half of Aedifica’s €803m (£904.8m) investment and development pipeline across Europe in 2022 was in the UK and Ireland.
Annual results showed it carried...
Optimo grows portfolio with deal for Stepping Stones Services
Optimo Care Group has grown its portfolio of subsidiaries with the acquisition of Stepping Stones Services Ltd.
Based in Rochdale, Stepping Stones is a supported...
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