Novacare rebrands to Netli
Novacare has rebranded to Netli and will now offer four separate services to support the care sector across the UK.
Its offering will cover workforce,...
McCarthy & Stone sells assets for £35m
McCarthy & Stone has sold 135 apartments to Waverstone LLP for £35m as part of its strategy to exit development activity in Scotland.
The transaction...
Civitas in discussions over further deals
Civitas Social Housing completed the purchase of three freehold properties comprising 25 tenancies for £3.9m during the last quarter, its trading update said.
The investor...
Montreux fund buys part of The Huntercombe Group portfolio
The Montreux Healthcare Fixed Yield Fund has purchased part of The Huntercombe Group (THG)'s portfolio in a deal worth £35m.
Joint administrators of Four Seasons...
Somerset Care posts 37.5% growth in EBITDA
Growth in community hours, residential occupancy and cost efficiencies helped boost turnover and EBITDA at Somerset Care.
The provider, which operates 27 care homes and...
HC-One to offload 52 care homes
HC-One is selling 52 of its care homes and closing a further four as part of a group restructure.
The provider, which supports 14,000 residents...
Maturity of sites drives turnover at Eden Futures
Trading at Eden Futures benefited from the continuing maturity of four sites that opened two years ago.
Its financial report for the 12 months ended...
Hervines Specialist Adult Care Group buys Omega Elifar Ltd
Omega Elifar Ltd has been sold to newly established care home operator Hervines Specialist Adult Care Group.
Omega comprises four learning disability homes with a...
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...
OakNorth Bank provides £10.6m loan to Nine Points Property
OakNorth Bank has provided a £10.6m loan to Nine Points Property, which acquires properties in the residential care sector.
The commercial landlord and developer, which...
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