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Occupancy recovery at MHA slower than hoped for
Methodist Homes (MHA) reported growing occupancy across its care homes and retirement living divisions, but recovery was slower than hoped for.
Occupancy in its care...
Shaw healthcare posts growing EBITDA despite challenges
Controlling labour costs and increasing occupancy continue to be the two major priorities at Shaw healthcare, with the group anticipating 2024/25 trading to be...
Transactions demonstrate ‘stable and resilient growth’ of Elevation fund
Elevation Healthcare Properties (EHP) – a healthcare real estate fund advised by Elevation Advisors LLP – raised £257m of equity and £74m debt capital...
Audley Group raises £40m in sale and leaseback deal
Audley Group has raised £40m in a sale and leaseback deal with institutional investors.
An unnamed investor has purchased the freehold of five operational Audley...
City and County reports ‘strong year’ of organic growth
New contracts and less reliance on agency staff helped grow financial performance at City and County Healthcare Group.
The homecare group reported a ‘strong year’...
Friends of the Elderly to lease care homes as part strategic vision
Friends of the Elderly will focus on leasing new care homes to provide support from modern, purpose-built buildings as part of its strategic vision.
It...
Care home openings help drive up financial performance at Exemplar
Occupancy growth and higher acuity levels of new residents helped drive financial performance at Exemplar Health Care, as it posted rising turnover and EBITDA.
Group...
Somerset Care posts growing EBITDA despite challenges
Somerset Care expects occupancy in its residential homes to grow ‘modestly’ this financial year due to funding pressures reported by the local council –...
Triple Point appoints Atrato Partners as investment manager
Triple Point Social Housing REIT has appointed Atrato Partners Ltd as the company’s investment manager.
The appointment concludes a review process that was announced in...
Agincare establishes presence in the North
Agincare has acquired Norton Lees Care Home in Sheffield, South Yorkshire – its first setting in north of England.
It purchased the home from Affinity...
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