Saturday, February 16, 2019

Income falls at Milestones

The Milestones Trust reported a slight drop in its total incoming resources from £28.9m in 2016 to £28.5m for the year ended 31 March...

Excelcare profit drop

Excelcare Holdings reported a 43.2% rise in revenues but profits plummeted for the care home provider in the year ended 31 March 2017. Turnover stood...

‘Tough year’ for RVG pre sale

Ahead of its sale to AXA Investment Managers - Real Assets in September, Retirement Villages Group (RVG) reported a 28.5% rise in revenues for...

Audley secures £125m loan

Retirement villages provider, Audley Group, has refinanced its debt facilities with a £125m five-year term loan from HSBC and Bank Leumi (UK). The facility will fund the Audley...

Tracscare rebrands

Specialist care provider Tracscare has re-branded and is now called accomplish. The provider says its name change is part of a wider re-brand which...

ResI REIT enters the housing with care market

UK-based REIT Residential Secure Income plc (ResI) has carried out its first acquisition, buying 1,341 retirement properties for £100m. The acquired portfolio is concentrated in...

Kang to take on Cambian’s finances

Anoop Kang is to join the board of Cambian as chief financial officer in July, replacing Martin Hopcroft who is in the role on...