Saturday, May 4, 2024
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WCS Care posts growth in surplus as it extends use of technology

WCS Care has been trialling a wireless version of its acoustic monitoring with a view to retro-fit older homes following a reduction in night-time...

Occupancy strengthening across Jewish Care settings

Occupancy is improving across care homes run by Jewish Care, with the majority of its ten settings back to pre-pandemic levels. The provider told CM...

Demand for long-term homes boosts results at Triple Point

Triple Point Social Housing REIT grew its portfolio of properties by 10% last year, investing £60m in the process. It acquired 44 properties (345 units)...

Avery in sale and leaseback deal with Rynda Healthcare

Care home developer and operator Avery Healthcare has sold two of its properties to real estate investment firm Rynda Healthcare. The deal, worth over £28m,...

Limerston-backed Trinity Homecare grows portfolio

Limerston Capital’s portfolio company Trinity Homecare has acquired a Bristol-based domiciliary business, as it continues to expand the group. Premier Homecare delivers domiciliary and live-in...

Achieve together ‘well placed’ to deliver growth

Achieve together expects to continue to grow its portfolio through a combination of buying properties and acquiring going concerns. The holding company for the provider,...

Downing LLP commits £12.5m to support Bridges Care and Education  

Investment manager Downing LLP will provide £12.5m to support the continued expansion of Bridges Care and Education (BCE), an operator of special educational needs...

Occupancy bouncing back at Somerset Care

Occupancy at Somerset Care has returned to its highest level since mid-2020, shortly after the beginning of the pandemic. By October, care home occupancy had...

Staff availability impacting growth at Voyage Care

Rises in fees helped revenue growth at Voyage Care but continued workforce challenges resulted in falling EBITDA, quarterly results showed. Revenue in the three months...

Margins hit at Radis Community Care despite growing revenue

Growth in extra care provision and acquisitions in supported living helped pump up revenue 24.6% at Radis Ltd but margins were hit due to...