CareTech receives £820m proposal from Sheikh Holdings consortium
CareTech has received a proposal from a consortium led by Sheikh Holdings Group (Investments) Ltd that values the provider at £821.7m.
Independent directors of the...
Florence raises £28.5m through Series B funding round
Social care tech innovator Florence has raised $35m (£28.5m) through a Series B funding round.
It will use the investment for product expansion to support...
Occupancy recovery ‘slow but steady’ at B&M Care Group
Full recovery from the pandemic could take a further two years at B&M Care Group due to possible further waves of Covid-19 and unknown...
Occupancy recovery in line with plans, Anchor reports
Anchor maintained ‘strong progression’ with occupancy levels across both its housing and care operations, as it continued its recovery from the pandemic.
Financial results showed...
‘Strong’ fee outcomes help bolster performance at Four Seasons
Steady improvements in occupancy at Four Seasons Health Care and uplifts in fees across both private pay and local authority funded residents ‘bolstered top...
Countrywide Care Homes recovering with growing occupancy
Occupancy continues to be on an upward trend at Countrywide Care Homes, following a low of around 78% during the height of the pandemic.
Its...
OakNorth Bank provides £6m loan to LV Care Group
LV Care Group has been provided with a £6m loan from OakNorth Bank to refinance an existing facility on its Cheval Roc care home...
Triple Point intends share buyback programme
Triple Point Social Housing REIT intends to begin a share buyback programme and sell some of its properties.
The investor, which owns a portfolio of...
Housing 21 adds more than 440 homes to its portfolio
Housing 21 has acquired 445 apartments, adding to the 450-plus homes it bought earlier this year.
The latest deal covers 11 schemes in London, East...
Suspension of services impacts Hesley Group finances
Suspensions to schools and care homes run by Hesley Group because of safeguarding concerns resulted in growing losses at the provider.
Financial results for Honour...
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