Monday, April 29, 2024
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Rynda Healthcare buys care home asset

Rynda Healthcare has bought a 90-bed care home in Edinburgh from Janus Henderson UK Property fund. Cairdean House, which will be let to Care UK,...
Diversification proves positive for Impact Healthcare

Impact Healthcare REIT to raise funds through share issue

Impact Healthcare REIT intends to raise £50m through issuing new ordinary shares of the company. Proceeds will be used to help pay down its drawn...

Investor appetite in sector to remain despite challenges, says report

Resurgence of M&A activity across the care market last year is predicted to continue in 2022, with investor appetite remaining strong. Releasing its annual outlook,...

Maria Mallaband receives investment to support growth plans

Maria Mallaband Care Group (MMCG) has received £5m investment from Frontier Development Capital (FDC) to support its refurbishment and expansion plans. Upgrades will be led...
Seamus Halton, founder and chairman of Berkley Care Group

Octopus completes £11m loan for care home development

Octopus Real Estate has provided an £11m loan for the development of a 71-bed care home in Bedhampton, Hampshire. The project, which has full planning...

Allica Bank’s delivers commercial mortgage for care home deal

Allica Bank has delivered its first commercial mortgage within its healthcare division, enabling the purchase of a 21-bedroom care home in Oswestry, Shropshire.  The loan...

Abbeyfield Society continues to attract interest from abroad

Abbeyfield Society continues to attract international interest with France and Spain considering opening homes. Despite a difficult year, the charity was continuing to develop outside...

Puma Property Finance secures £300m of institutional funding

Puma Property Finance has secured £300m of institutional funding from Waterfall Asset Management, an investment adviser headquartered in New York, US. This marks the second...

Wren House Infrastructure acquires Voyage Care

Voyage Care Group has been acquired by London-based Wren House Infrastructure from Partners Group and Duke Street. In a statement, the provider said new investment...

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...