Excelcare ‘on the front foot’ to meet local demand
Positive relationships with local authorities helped Excelcare post strong occupancy rates across its subsidiary businesses, helping grow revenue.
Across its subsidiaries, which operate care homes...
Allica Bank widens care home commercial mortgage offer
Allica Bank has extended its care home commercial mortgage proposition to cover specialist support for adult and children’s learning disability services, as well as...
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...
Target’s assets demonstrating ‘resilience’ despite drop in value
Target Healthcare REIT’s property portfolio value has remained resilient despite it falling 5% during the last quarter of 2022.
As at 31 December, it was...
Value of Impact’s property portfolio dips 4%
Impact Healthcare REIT’s property portfolio value fell 4% on a like-for-like basis, with the investor looking to dispose of some non-core care homes.
Its trading...
Person Centred Software acquires wellbeing business
Digital care planning provider Person Centred Software (PCS) has acquired Oomph Wellness.
The acquisition means more than 5,000 care homes will be able to access...
Elevation and PGIM Real Estate sell care home to European player
Elevation Development Partners (EDP) - in partnership with PGIM Real Estate and Care Concern Group - has completed the development and sale of a...
Untold Living targets £300m development pipeline as it enters market
Untold Living has received backing from investor Matter Real Estate to buy and develop retirement community schemes across the UK.
The developer and operator, which...
Silbury Finance signs off £64m loan for retirement scheme
Silbury Finance – the Oaktree Capital Management-backed development lender – will provide a £64.3m loan to support the development of a 124-apartment retirement scheme...
Care businesses increasingly attracting buyers from further afield
Growth in the proportion of deals by buyers located out of local or regional areas from the target business is reflecting more of a...
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