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Occupancy and fee growth drives up financial performance at Belong
Belong has reported rising revenue and EBITDA following improvements in both occupancy and fee rates.
An unaudited trading update for the year to 31 March...
Aedifica’s takeover offer of Cofinimmo rejected
Cofinimmo has rejected Aedifica’s takeover offer as it does not reflect the quality and value of its portfolio.
In a statement, Cofinimmo said its board...
Target Healthcare REIT posts rental and valuation growth
Contracted rent grew 1.1% across Target Healthcare REIT’s portfolio during the first quarter, driven by inflation-linked reviews.
The investor reached rent collection of 97% for...
Belmont Healthcare grows portfolio with deal for Four Seasons homes
Belmont Healthcare has acquired three care homes from Four Seasons Health Care Group as part of its sale process, which completed at the end...
Cornwall Care posts occupancy growth despite challenges
Cornwall Care posted occupancy growth despite staffing challenges, as the provider continues to integrate with parent company Sanctuary Group.
Its results showed occupancy at the...
WCS Care to develop former sheltered housing site
WCS Care has completed the purchase of Southfields – a former sheltered housing site in Leamington Spa, Warwickshire.
Southfields, which has been empty for over...
Milewood grows provision with acquisition
Milewood Individual Care and Support has acquired Strathallen in Saltburn-by-the-Sea, North Yorkshire.
This latest acquisition forms part of Milewood’s growth strategy, strengthening its presence and...
Aedifica makes approach for Cofinimmo
Aedifica has approached Belgian real estate company Cofinimmo with a voluntary conditional exchange offer on its shares.
The transaction would combine Aedifica’s portfolio across its...
Octopus partners with Burghley Care on £14.5m scheme
Octopus Real Estate is partnering with Burghley Care to fund a £14.5m care home in Hipperholme, West Yorkshire.
The 72-bed setting will be an all-electric...
Outcomes First Group grows education provision
Outcomes First Group (OFG) has acquired Tute Education – a provider of online education solutions for schools and non-mainstream settings.
Tute Education offers solutions that...
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