McCarthy & Stone predicts continued difficulties for retirement housing
The retirement housing market remains difficult due to rising Covid-19 infection rates and lockdown measures.
In a trading update, developer and manager of retirement communities...
Pre-tax profit dips at CareTech following Cambian deal
Pre-tax profit fell by 19% at CareTech despite revenue rising 119.8% following the capture of Cambian, its interim results show.
In its first financial results...
Live-in care helps drive turnover at Agincare
Live-in care has helped drive revenue growth at provider Agincare, as increasing numbers of clients opted for the model of support during the pandemic.
The...
Target Healthcare to raise £50m for investments
Target Healthcare REIT plans to raise £50m through a placing of new shares to help fund potential deals.
It has identified investments of £224m, consisting...
Downing exits partnership with Macc Care
Investment manager Downing LLP has exited its six-year partnership with Midlands provider Macc Care.
The partnership saw Downing provide around £70m for acquisitions, refurbishment and...
Triple Point ‘actively looking’ to shift properties away from My Space
Triple Point Social Housing is ‘actively looking’ to move properties away from My Space following concerns raised by the regulator over the provider’s solvency...
Anavo Group acquires homes after operational improvements
Anavo Group has completed the acquisition of five homes in Scotland.
The homes are Burnside in Laurencekirk, Kincardineshire; Newark in Port Glasgow; Spiers in Beith,...
CIC moves into the red
Not-for-profit operator Community Integrated Care (CIC) went into the red for the year ended 31 March 2017 thanks to poor performance of its older...
Occupancy uplift helps drive up EBITDAR at Graham Care Group
Fee increases and rising occupancy helped drive up revenue and EBITDAR at Graham Care Group, as the business continues with is expansion plans.
Revenue grew...
The Orders of St John expands with deal for Elmfield Care
The Orders of St John Care Trust (OSJCT) has expanded its provision with the acquisition of Elmfield Care.
Elmfield offers residential, dementia and respite care...
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