Optimo grows portfolio with deal for Stepping Stones Services
Optimo Care Group has grown its portfolio of subsidiaries with the acquisition of Stepping Stones Services Ltd.
Based in Rochdale, Stepping Stones is a supported...
Renaissance upgrades properties following funding
Operator Renaissance Care is in the process of upgrading and modernising its properties after securing £600,000 of funding from Barclays Bank.
The cash is being...
Sheikh brothers reach agreement for CareTech
Farouq and Haroon Sheikh have reached an agreement to take CareTech into private ownership, valuing the business at £870.3m.
Under the terms of the offer,...
Rangeford Villages strengthens executive team
Rangeford Villages has strengthened its executive team with the recruitment of Sarah Burgess to the role of group sales and marketing director.
Burgess, who joined...
Aedifica secures ninth UK care home deal so far this year
Aedifica has completed its ninth UK investment of the year with a £12.5m deal for a care home to be constructed in Hooton, Cheshire.
The...
Octopus Real Estate provides loans to Connaught Care
Octopus Real Estate (ORE) has provided a total of £26.3m to Connaught Care to support the development of two properties.
Money will finance the construction...
Prestige Care Group to grow portfolio following acquisition of site
Prestige Care Group has purchased a 1.2-acre site in Aiskew, North Yorkshire, in a deal arranged by commercial real estate firm Colliers for £1.1m.
The...
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...
Forty-three Abbeyfield properties ‘can no longer be operated sustainably’
Abbeyfield Society is to begin a consultation on the future of 40 sheltered housing properties and three care homes that can no longer be...
M&G and Birchgrove partnership to create senior living homes for rent
M&G Real Estate (M&G) has acquired two developments managed by assisted living operator Birchgrove Holdings.
Totalling £69m of investment, the deal is M&G’s first in...
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