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Property disposal dents contracted rent at Target Healthcare
Target Healthcare REIT reported a slight decrease in contracted rent following a property disposal.
Its unaudited quarterly update for the period to 30 June showed...
Avery Healthcare takes Artisan Care Group under full ownership
Avery Healthcare has completed the acquisition of Artisan Care Group – adding ten newly developed homes to its portfolio.
This transaction brings 774 additional beds...
Gold Care Homes enters retirement community market
Gold Care Homes has grown its portfolio of properties with the acquisition of Lynwood Care Centre and Lynwood Village in Ascot, Berkshire.
This move expands...
Centrum Care Homes Group leads turnaround of Devon setting
Centrum Care Homes Group has acquired a setting in Bishopsteignton, Devon, that was at risk of closure.
The property, formerly known as Moors Park, had...
Candlelight Homecare grows presence with deal for Kestrel
Candlelight Homecare Services Ltd has acquired Kestrel Homecare Ltd, a provider based in Heathfield, Sussex.
Established in 2009, Kestrel is rated ‘good’ by the Care...
Octopus Capital provides £13.4m development loan to Oakland Care
Octopus Capital has provided a £13.4m lending facility to support the development of a residential care home in Fleet, Hampshire.
The loan has been provided...
Development projects help drive up rental income at Aedifica
Rental income across Aedifica’s portfolio reached €180.8m (£156.3m) in the first half of the year, up 9% compared to the six-month period in 2024...
Expansion schemes help grow finances at Kedleston Group
Development and expansion projects helped grow revenue and EBITDA at Kedleston Group, as demand for education and care for young people continues to rise.
The...
Audley Group merges with Elysian Residences
Retirement villages developers and operators Elysian Residences and Audley Group have merged.
The new group has a combined sales value of over £3bn, making it...
Prestige expects franchise model to lead to improvements
Prestige Nursing & Care posted falling revenue and EBITDA as it shifted to a franchise model, exiting low margin and unprofitable contracts.
As reported...
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