Monday, April 29, 2024
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Evidence points to entry into retirement living for RMBI Care Co

The Royal Masonic Benevolent Institution (RMBI) Care Company is continuing to progress and review its plans to enter the retirement living market. The charity, which...

Ideal Carehomes showing ‘positive’ signs despite fall in EBITDA

Occupancy recovery is showing ‘positive’ signs at Ideal Carehomes with enquiries back to pre-pandemic levels. The provider said lead times and conversions were also moving...

EBITDAR slips at Brendoncare as pandemic challenges bite

The Brendoncare Foundation experienced a reduction in occupancy of around 10% due to the pandemic, with vacancies taking longer to fill. The charity said in...

Fee rate inflation helps drive revenue and EBITDAR growth at Barchester

Barchester Healthcare has reported revenue and EBITDAR growth, driven by fee rate inflation despite lower occupancy because of the pandemic. Its latest financial results showed...

Appetite for innovation

Bobby Fletcher, director of the healthcare real assets team at global mid-market investment bank Alantra, looks at how a new generation of lenders are...
Investment

Civitas Social Housing performing ‘in line with expectations’

Civitas Social Housing continued to perform in line with expectations, with rent collection remaining unaffected by Covid-19. Its quarterly trading and market update showed IFRS...

OakNorth Bank provides £20m loan to Park Lane Healthcare

OakNorth Bank has provided a £20.2m loan to care home operator Park Lane Healthcare to support the development of a care village. Founded in 2005,...

Castleoak pulls out of construction delivery

Castleoak Care Partnerships Ltd has ceased trading and been placed into liquidation, while its subsidiary Castleoak Offsite Manufacturing Ltd is likely to be sold.  The...

Aedifica establishes UK team with acquisition of Layland Walker

Belgian healthcare REIT Aedifica has expanded its presence in the UK with the acquisition of its asset management partner Layland Walker. Layland Walker was established...

Transactions in care home sector remain subdued, Savills reports

Investment in the care home sector remains subdued, with this year so far being ‘quiet’, analysis from Savills has revealed. Its Spotlight: UK Care Home...