Saturday, May 4, 2024
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Target Healthcare REIT exits Northern Ireland with sale of homes

Target Healthcare REIT has sold four care homes in Northern Ireland for £22m, exiting its presence in the country. While the properties were originally acquired...

Avison Young completes sale of specialist dementia care homes

Avison Young has completed the sale of four care homes on two sites on behalf of Wiltshire-based provider Equality Care Ltd. Longbridge Deverill House and...

LNT Care Developments begins work on site

LNT Care Developments has acquired a site with full planning permission in Midsomer Norton, Somerset. Consent was granted in February 2019 for construction of a...

McCarthy & Stone to deliver care services directly

McCarthy & Stone has ended its nine-year partnership with Somerset Care and will directly deliver care, domestic support and property management services across its...

L&G and NatWest pension fund form JV to build retirement homes

Legal & General has entered into a 15-year joint venture (JV) with NatWest Pension Trustee Ltd (NWPTL) to invest £500m in later living communities...

Margins tighten at Radis Community Care

Radis Community Care will continue to review its domiciliary care contracts as increases in wage costs have not been matched by fee uplifts from...

Elevation Advisors LLP completes transactions

The real estate fund advised by Elevation Advisors LLP has completed two deals with operators Borough Care and Yorkare. The first is a sale and...

Care UK continues to grow self-funding segment of operation

Almost 50% of revenue earned by the residential care services division at Care UK was from self-funders. Money from the self-funding segment has grown from...

Envivo rebrands with acquisition and appointments of MDs

Envivo Group has officially rebranded to ivolve with the acquisition of Cavendish Care and the appointment of three MDs to cover different regions. ivolve Group...

Ashberry Healthcare acquires care home from MHA

Ashberry Healthcare has completed the acquisition of Engelberg Care Home in Wolverhampton, West Midlands, from Methodist Homes (MHA). Ashberry operates six other homes in Surrey,...