Impact Healthcare to raise at least £25m
Impact Healthcare REIT plans to raise at least £25m through the placing of new ordinary shares to help pay down its revolving debt facilities...
Target buys £6.9m care home
Target Healthcare REIT has completed the purchase of a care home in Formby, Merseyside, for £6.9m.
The home, which comprises 40 bedrooms with en suite...
Balhousie Care bucks gender pay trend
Scottish provider Balhousie Care Group has bucked the national trend by reporting a gender pay gap of 0%.
The care home group, which employs 1,400...
McCarthy & Stone posts plummeting pre-tax profit
Continuing uncertainty and challenging market conditions dented half-year results at retirement housebuilder McCarthy & Stone, which posted a 66% drop in pre-tax profit.
In the...
Sodexo buys The Good Care Group
French service provider Sodexo has purchased The Good Care Group as part of its continued expansion into the UK homecare sector.
Investment partner BGF, which...
Agincare considers viability of contracts despite rising profit
Agincare could exit from certain ‘geographical areas or service provision’ as it continues to assess the long-term viability of its contracts.
Despite reporting rising turnover...
Hamberley buys Abbotsford House Luxury Suites
Boutique care home operator Hamberley Care Homes has purchased Abbotsford House Luxury Suites for an undisclosed sum.
The home in Milngavie, East Dunbartonshire, was bought...
Diversification proves positive for Impact Healthcare
Tenant diversification helped boost pre-tax profit by 73.6% to £16.5m (2017: £9.5m) at Impact Health REIT, its full year results have shown.
The investor acquired...
Self-funders help drive revenue growth at Care UK
New homes and an increase in self-funded residents helped revenue grow £25.8m at Care UK’s residential care services division.
The group’s mature estate also delivered...
Fee rises boost MPS Care turnover
Rising average fees and a new care home helped MPS Care Group post growing turnover of £16.5m (2017: £15.9m) for the year ended 30...
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