Wednesday, April 24, 2019

Civitas seals £7.8m deal

Civitas has purchased nine regulated social housing properties comprising 42 tenancies for £7.8m. The properties are leased to Encircle Housing Ltd, Auckland Home Solutions CIC...

Property slowdown hits Aveo’s profits

Australian retirement village owner and operator Aveo Group has reported challenging first half results as the Sydney-based group confirmed that it is assessing a...

SeniVita Social Estate plans capital reduction ahead of IPO

German care homes developer SeniVita Social Estate is to embark on a capital reduction ahead of a long-awaited IPO in Frankfurt. The 5:1 reduction in...
Carterwood completes sale to Hamberley

Carterwood completes sale to Hamberley

Carterwood has completed the sale of a development site on behalf of Malvern Homes to Hamberley Care Homes, for an undisclosed sum. The site has...
Losses balloon at Tunstall Healthcare

Masonic care company plugs £7.3m shortfall

The Royal Masonic Benevolent Institution Care Company (RMBI) had to plug a £7.3m gap because payments from local authorities were ‘considerably lower’ than the...
Income growth at Jewish Care despite occupancy woes

Jewish Care posts income growth despite occupancy woes

Competition and people opting for homecare led to a fall in occupancy in care homes at Jewish Care. The health and social care provider said...
CareTech positive over fee rises

CareTech’s purchase of Cambian cleared by CMA

The Competition and Markets Authority (CMA) has cleared CareTech Holdings’ acquisition of the Cambian Group. CareTech completed the purchase of Cambian on 19 October, however,...
Fee rates drive financial performance at Advinia

Fee rates drive financial performance at Advinia

Higher average weekly fee rates and tight cost controls have helped improve performance at Advinia Health Care. The provider increased the number of residents who...

Care home openings lead to profit growth at Hallmark

Openings helped Hallmark Care Homes post increased revenue and profits in the year to 31 March 2018. The provider, which operated 17 homes with 1,268...
Avison Young completes acquisition of GVA

Avison Young completes acquisition of GVA

Global commercial real estate firm Avison Young has acquired UK-based GVA, for an undisclosed sum. The two companies will combine under the brand - Avison...