Tuesday, April 23, 2024
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Valuation of Triple Point property portfolio grows over 12%

Triple Point posted a 12.7% uplift in the value of its portfolio, following the addition of ten properties in the first half of the...

Hartford Care acquires two newly built properties

Hartford Care has acquired two newly built residential care homes in Aldershot, Hampshire, and Swindon, Wiltshire. Each home will offer 66 bedrooms that have been...

CareLineLive closes funding round to support expansion

Homecare management software business CareLineLive has closed a £3m funding round led by investor Oakglen. With operations in the UK, Jersey, Ireland and Australia, the...

Bupa’s care division impacted by occupancy and workforce challenges

Underlying losses in aged care at Bupa grew year on year as challenges in the UK, Australia and New Zealand impacted performance in the...

Rental income grows 11% at Impact Healthcare REIT

Contracted annual rent across Impact Healthcare REIT’s portfolio grew 11% in the first quarter of the year, with investment in six care homes and...

Tristone Healthcare extends footprint with deal for SWIS

Buy and build investment group Tristone Healthcare has acquired South West Intervention Services Ltd (SWIS), extending its footprint in the social care sector. The acquisition...

OakNorth Bank sets £500m-plus lending target in care space

OakNorth Bank is targeting to lend £500m-plus over the course of the next 18 months across the care sector. As well as care home operators,...

Saletum targets growth opportunities despite challenges

Rising staffing costs and a slip in occupancy impacted performance at Saletum Care and Education but are seen as temporary issues as it targets...

YFM Equity Partners invests in Antser Group

BGF has fully exited Antser Group – a provider of assessments and social care training – following a management buy-out (MBO) backed by YFM...
Kenneth MacKenzie, Target Fund Managers chief executive officer

Rental growth supported by tenant profitability, reports Target Healthcare

Target Healthcare REIT posted a like-for-like increase in contracted rent of 1.1%, mainly driven by annual reviews. A quarterly update showed contractual rental income increased...