Operating environment forces Abbeyfield Wales to sell care homes
Abbeyfield Wales Society has offloaded three of its care homes in Newport due to the ‘current operating environment’.
The homes, which comprise Reene Court Nursing...
French investment fund buys care homes from Legal & General
Real estate investment fund SCPI Pierval Santé has entered the UK healthcare market with the acquisition of three care homes from Legal & General...
Civitas Social Housing identifies pipeline for growth
Civitas Social Housing (CSH) has identified a pipeline of £180m worth of investments as part of its growth strategy.
The care-based social housing REIT said...
Careport Group plans to ‘cautiously grow’ business
Occupancy across care homes operated by Careport Group has held up, with it reaching 96% at the end of last year.
The group, which operates...
Self-funder occupancy returning to pre-Covid levels at Fremantle
Private funder occupancy has started to return to pre-Covid levels in care homes for older people run by The Fremantle Trust, as the charity...
Audley Group to expand into Denmark
Luxury provider Audley Group will introduce its retirement living concept to the Danish market after signing a joint venture agreement with pension company PFA.
The...
Fee rates drive financial performance at Advinia
Higher average weekly fee rates and tight cost controls have helped improve performance at Advinia Health Care.
The provider increased the number of residents who...
Avery Healthcare focuses on organic growth and acquisitions
Avery Healthcare has posted rising revenue and EBITDA as it continues to concentrate on growing operations organically and through acquisitions.
The premium care provider posted...
Optimo grows portfolio with deal for Stepping Stones Services
Optimo Care Group has grown its portfolio of subsidiaries with the acquisition of Stepping Stones Services Ltd.
Based in Rochdale, Stepping Stones is a supported...
Cornerstone secures funding to renovate Midlands care home
Cornerstone Healthcare plans to expand its specialist care model into the Midlands after agreeing funding from Virgin Money.
The project will see the renovation of...
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