Midlands Care acquires three sites in Leicestershire

Midlands Care has acquired three purpose-built settings in Leicestershire, growing its portfolio to a dozen of properties. Parkhouse Grange in Earl Shilton; Whetstone Grange in...

Civitas Investment Management enters German later living market

Civitas Investment Management Ltd (CIM) has entered the German later living market with a €300m (£251.7m) acquisition of 26 older people’s care and assisted...

Country Court to grow portfolio with site acquisition

Country Court is growing its portfolio with the acquisition of a development site in Nettleham, Lincolnshire, which benefits from planning permission for a care...

Belong reports rising occupancy and fee rates

Growth in occupancy and fee rates as well as a cut in agency use resulted in Belong returning a surplus this year. Occupancy within its...

RVG and Virgin Money agree £37m development facility

Retirement Villages Group (RVG) and Virgin Money’s health and social care team have agreed a deal for a new £37m development facility to part...

Housing 21 completes deal for extra care properties

Housing 21 has completed its largest acquisition with a deal for 1,567 properties from Midland Heart. The not-for-profit provider of extra care and retirement living...

Housing 21 continues to target property acquisitions

Housing 21 plans to acquire more than 1,600 properties during the financial year as opportunities continue arise. In the year ended 31 March 2024, the...

Triple Point Social Housing REIT selects Atrato as investment manager

Triple Point Social Housing REIT has selected Atrato Partners Ltd as its new investment manager – replacing Triple Point Investment Management LLP (TPIMLLP). The appointment...

Puma Property Finance provides £17m loan to Cinnamon Luxury Care

Puma Property Finance has facilitated a £17m loan to Cinnamon Luxury Care to deliver a 73-bed setting in Thurnby, Leicestershire. This is the first loan...

Radis reviews contracts to ensure continued profitability

Loss-making contracts impacted EBITDA at Radis Community Care despite the business growing its revenue. Financial results showed the group achieved fee rises on some existing...