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Elevation sells trio of new-build homes to Pierval Santé
Elevation Development Partners (EDP) – in partnership with PGIM Real Estate and Care Concern Group (CCG) – has completed the development and sale of...
Jewish Care reports ‘healthy performance’ with return to surplus
Jewish Care improved its financial performance by returning to a surplus despite a demanding operational environment.
It attributed the sale of land and properties for...
Self-funder market recovery helps drive up results at Runwood Homes
Growth in the private self-funder market helped drive up financial performance at Runwood Homes, as it continued to recover from the pandemic.
It also ‘consolidated’...
Kara Healthcare acquires seven homes as part of growth strategy
Kara Healthcare has grown its portfolio of settings with the acquisition of seven care homes.
Six properties in the North East have been acquired from...
Leonard Cheshire improves financial position with ‘small surplus’
Leonard Cheshire reported a ‘small surplus’ as it continued with its recovery plan to turn the charity around.
Recruitment remained difficult at some locations and...
Acquisitions help grow profitability at Choice Care Group
Acquisitions and rising occupancy helped drive up financial performance at Choice Care Group.
In the year ended 31 March 2024, its parent group acquired the...
Advinia reports growing EBITDA despite fall in revenue
Cost management strategies helped grow EBITDA at Advinia Health Care Ltd, despite the provider reporting a dip in turnover.
Its financial results said post-Covid-19 occupancy...
Trading outlook across Target Healthcare portfolio ‘remains positive’
Rental growth helped drive up the valuation of Target Healthcare REIT’s property portfolio.
Its 94 assets let to 34 tenants was valued at £924.7m at...
Contracts and maturing homes power EBITDA at Avery Healthcare
Avery Healthcare reported rising turnover and EBITDA as it benefited from new care home management contracts and ‘maturing’ settings across the group.
Turnover for the...
Blackfinch Property provides £8.8m loan for care home scheme
Blackfinch Property has provided an £8.8m bridging loan to Zephyr X to support the next phase of growth of a 70-bed care home and...
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