Barchester closes in on care home deal
Barchester Healthcare is close to buying more than 20 care homes from private equity firm Terra Firma.
A source confirmed to CM the deal should...
Ashley House to post loss
Results at Ashley House will show a loss for the 18-month period to the end of October 2019, its trading update has said.
The results,...
Impact secures £50m credit facility
Real estate investment trust Impact Healthcare has signed a revolving credit facility worth £50m with HSBC.
The bank facility is for an initial term of...
Growing presence in community-based care helps drive performance at Voyage
Voyage Care has posted rising revenue and EBITDA, as it grows its presence in community-based provision.
Its figures for the year ended 31 March 2020,...
Schroders and Octopus Real Estate raise extra funds
Schroders and Octopus Real Estate have raised an additional £40m for their retirement living fund, taking equity commitments to £140m.
The fund partners with developer...
Schroders and Civitas hand over first five social housing projects
The first five projects backed by Schroder Real Estate and Civitas Investment Management (CIM)’s social supported housing (SoHo) fund have been handed over to...
Cost pressures dampen margins at Excelcare
Pressure on pay rates and the need to attract and retain staff led to rising employment costs at Excelcare, dampening gross profit margins.
Excelcare (Cambridge)...
Saint Cecilia’s to provide homecare services
Care group Saint Cecilia’s plans to expand its service offering by providing homecare.
The Scarborough-based company, which has four homes and a day care centre,...
Elevation Healthcare Core Plus completes deal for care home
The real estate fund advised by Elevation Advisors LLP has completed the acquisition of land and a forward funding agreement for the development of...
Triple Point buys supported housing properties for £14m
Triple Point Social Housing REIT plc has bought 10 supported housing properties and exchanged contracts on a further two, comprising 56 individual units.
The deals...
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