Allegra Care and Moorfield Group grow portfolio with additions
Allegra Care and Moorfield Group have completed the acquisition of two properties in Cambridgeshire and Suffolk from Alysia Caring, adding 133 beds to the...
Property sales compensate for drop in occupancy at LifeCare
Proceeds from property sales at LifeCare Residences compensated for a drop in occupancy at its nursing home operations.
Turnover at its UK operations remained steady...
Fundamentals remain strong despite lag in recovery, says Target
A lag in recovery of private-fee occupancy has led to some providers leaving ‘themselves stretched’, investor Target Healthcare REIT has reported in a trading...
Birdie raises over £24m to help with expansion plans
Home healthcare tech platform Birdie has raised $30m (£24.7m) in Series B funding, with the money being used to help the business expand both...
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...
Apposite Capital’s portfolio company Swanton completes eighth deal
Swanton Care and Community Ltd has completed its eighth acquisition by adding Deanston House Ltd to its portfolio, strengthening its offering in Scotland.
Deanston House,...
Staffing remains area of ‘intense management focus’ at Four Seasons
Increased levels of agency use at Four Seasons Health Care continued during the second and third quarters of the year, with ‘significant management focus...
Impact Healthcare offloads non-core asset
Impact Healthcare REIT has sold a non-core care home, which it initially acquired as part of a seed portfolio in May 2017.
It has exchanged...
Local Government Pension Schemes place emphasis on social impact
Local Government Pension Scheme (LGPS) funds continue to place emphasis on generating positive social impact through their investments, survey results from Alpha Real Capital...
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...
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