Sunday, May 19, 2024
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Triple Point buys properties for £12m

Triple Point Social Housing REIT has completed the acquisition of seven supported housing properties for £12.1m. The homes, comprising 68 individual units, are in the...

EBITDA halves at Lifeways as it implements transformation strategy

Lifeways continues to implement its transformation programme in the way it provides services, resulting in a fall in revenue and EBITDA. Planned closures of residential...

Aedifica to invest £9m in care home

Aedifica plans to invest £9m in the construction of a care home as it continues to grow its UK estate. The property in Shipley, Yorkshire,...

Triple Point completes majority of projects as fundamentals ‘remain strong’

Triple Point Social Housing REIT completed all but two of its 22 forward funded projects last year, providing homes for 280 residents. It has committed...

Bupa’s global care operations report 9% drop in occupancy

Falls in occupancy and higher costs resulted in Bupa’s aged care markets globally posting an underlying loss. The business supports around 20,000 residents in its...

Tonic Housing secures loan for LGBT+ retirement community

Tonic Housing has secured a £5.7m loan to open the UK’s first LGBT+ affirming retirement community. Support from the Greater London Authority will enable the...

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...
Seamus Halton, founder and chairman of Berkley Care Group

Korian to buy Berkley Care Group

European care services business Korian is set to buy Berkley Care Group. The acquisition for the portfolio of six homes and 425 beds in the...

Elevation Advisors LLP completes transactions

The real estate fund advised by Elevation Advisors LLP has completed two deals with operators Borough Care and Yorkare. The first is a sale and...

Target raises £60m for investment in properties

Target Healthcare REIT has raised £60m through an oversubscribed share issue. Due to demand from investors and a pipeline of available properties, the board of...