Prestige Care Group to grow portfolio following acquisition of site

Prestige Care Group has purchased a 1.2-acre site in Aiskew, North Yorkshire, in a deal arranged by commercial real estate firm Colliers for £1.1m. The...

Care home deals roundup

Williamston Nursing Home, in Houghton, Pembrokeshire, has been purchased by Kuljit Grewal. The business occupies a period-built, extended country manor house over five acres of...

Aspire LPP sells care home site to Barchester Healthcare

Aspire LPP has sold a care home development site in Fareham, Hampshire, to Barchester Healthcare. The site has planning consent for a 60-bedroom care home...

Aedifica completes projects but expects cut in investment programme

Aedifica completed 10 projects across Europe in the fourth quarter of 2023, including a care home in Sleaford, Lincolnshire. It added capacity for 411 residents...

OakNorth supports Lovett Care with loan for development

OakNorth Bank has provided a loan to Lovett Care to support the development of a care home in Northern Moor, Manchester. The site will consist...

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...

Private occupancy growth helps drive up revenues at Excelcare

Demand from self-funders helped grow revenues across Excelcare entities to more than £100m amid challenges around employment costs and fees. The provider, which consists of...

LMS Capital deploys capital in the retirement living sector

LMS Capital has completed the acquisition of Castle View Retirement Village in Windsor, Berkshire. Real estate advisor Avison Young acted as the acquisition agent for...

Occupancy recovery ‘slow and steady’ at Cornwall Care

Cornwall Care is focusing on occupancy growth and cost controls as it continues to integrate systems and processes to align with its parent company...

My Choice Healthcare grows portfolio with acquisition

My Choice Healthcare has grown its portfolio of settings with the acquisition of Towy Castle Care Home in Carmarthen, Dyfed. Originally built as a residential...