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First Qualia Care setting sold following High Court ruling
Vriddhi Investments (Agha Group) has bought St Mary’s in Moston, Manchester – a Qualia Care home that was initially funded through a Ponzi scheme.
It...
People plan helps with recruitment and retention at Brunelcare
Introduction of a range of staff benefits – including the real living wage (RLW) – has helped Brunelcare improve recruitment and retention at the...
Lochinvar Care sells development site to LNT
Lochinvar Care Ltd has sold a development site in Chingford, northeast London, to LNT Care Developments.
The 5.1-acre freehold site has planning permission for a...
Grosvenor acquires homecare business Lifted Care
Homecare company Lifted Care has been acquired by Grosvenor Health and Social Care Group for an undisclosed sum.
The deal allows Lifted to focus on...
Four Seasons Health Care posts uplift in EBITDA
Four Seasons Health Care (FSHC) posted rising EBITDA in the third quarter as occupancy and average weekly fee (AWF) continued to show growth.
Its Q3...
Broadwood Capital launches £100m later living fund
Alternative lender Broadwood Capital has secured backing from asset manager Aviva Investors for a dedicated sustainable later living credit fund.
The Broadwood Later Living Sustainable...
Aedifica’s UK portfolio shows ‘strong operational performance’
Aedifica’s property portfolio in the UK outperformed its investments in other markets across Europe.
Value of its properties Europe-wide rose by €272m (£228.5m) in the...
Care UK takes over management of half-a-dozen homes in Yorkshire
Care UK has taken over the leadership and management of six care homes in Yorkshire, formerly operated by Springfield Healthcare.
The management contract came into...
H.I.G. Capital-backed Lovett Care doubles in size with acquisition
H.I.G. Capital portfolio company Lovett Care has acquired developer and operator New Care for an undisclosed sum.
Cheshire-based New Care was established 15 years ago...
Value of Target Healthcare’s property portfolio rises 0.9%
Target Healthcare REIT’s property portfolio value rose 0.9% in the three-month period to the end of September.
It reached £916.4m (30 June 2024: £908.5m) and...
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