Impact to raise at least £25m

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

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 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...
Abbotsford House Luxury Suites

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

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...
Impact to raise at least £25m

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

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...