Operating profit at Churchill slips due to growing build costs
Rising construction costs dampened operating profit and margins at Churchill Retirement Living despite growing revenues.
Following the pandemic, the housebuilder has faced other challenges, including...
Diversification drives up revenue and EBITDAR at National Care Group
Increasing geographical coverage remains a key aim of National Care Group’s strategy, as it continues to post growing turnover and EBITDAR.
It plans to continue...
Impact reports growing profit as occupancy among tenants rebuilds
Impact Healthcare REIT tenants have steadily been rebuilding occupancy, with the investor’s portfolio of homes reaching its highest level since early 2020.
As at the...
Brendoncare completes care home sale as part of strategic review
Brendoncare has completed the sale of Woodhayes nursing home in Exeter, Devon, as part of its ongoing strategic review.
The home, which is a Grade...
Cynergy Bank supports ACI Care Group with refinancing
ACI Care Group has received a £7.4m loan from Cynergy Bank to support the refinancing of its specialist care homes.
The family-run business owns and...
Increased capacity helps drive up revenue and EBITDAR at Witherslack Group
Growth in capacity helped drive up revenue and profitability at Witherslack Group, with directors confident of its performance this year due to strong occupancy...
Inspired Villages on track and growing ‘at pace’
Inspired Villages is on track to deliver more than 5,000 homes for older people over the next 14 years.
Legal & General, its long-term partner,...
Downing LLP provides additional funds to Bridges Care and Education
Investment manager Downing LLP has agreed a follow-on investment of £4.4m for its platform Bridges Care and Education (BCE), which provides special education needs...
OakNorth Bank provides loan to My Choice Healthcare
OakNorth Bank has provided a £4.2m loan to My Choice Healthcare Four Ltd to refinance existing debt and support the acquisition of two family-run...
Challenges persist despite growing care revenues at Bupa
Rising fee rates and occupancy across care services helped deliver revenue growth at Bupa, as the business continues to navigate the impacts of Covid-19....
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