Octopus Real Estate delivers £19m loan for retirement living scheme
Octopus Real Estate (ORE) has completed a £19m loan secured on a site with planning consent for an 88-unit retirement living scheme in Kew,...
Cera expands homecare offering to provide nursing services
Homecare technology company Cera is expanding into nursing services across its UK network.
The company, which employs 6,000 people in more than 70 locations, will...
Revenue at Bupa care services remains flat
Revenue at Bupa Care Services in the UK remained stable during the first half of the year reaching £192m (HY 2020: £192m).
Bupa’s results for...
Target Healthcare progressing on deals as portfolio value grows
Target Healthcare REIT’s property portfolio value grew 5.2% in the most recent quarter, with the investor progressing to completion on other deals.
Its unaudited quarterly...
Oakland Care secures financing to support growth
Oakland Care has secured a five-year financing package that will support its development of purpose-built care homes.
It will be continuing its partnership with HSBC,...
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...
Alcedo Care Group secures £2m funding
Alcedo Care Group has secured a £2m funding facility with banking group Close Brothers to support its growth plans.
The homecare provider, which operates ten...
Impact Healthcare identifies ‘strong pipeline’ of opportunities
Impact Healthcare REIT’s property portfolio was valued at £432.4m at the end of June, an increase of £5.4m or 1.3% in the quarter (31...
Institutional investors back Octopus Real Estate’s care home plans
Octopus Real Estate (ORE) has raised a further £314m for its fund focusing on care homes, with commitments from new and existing institutional investors...
Belong chief executive Tracey Stakes to step down
Belong chief executive Tracey Stakes intends to retire from the not-for-profit care village operator later this year.
The operator is in the process of recruiting...
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