McCarthy & Stone predicts continued difficulties for retirement housing
The retirement housing market remains difficult due to rising Covid-19 infection rates and lockdown measures.
In a trading update, developer and manager of retirement communities...
Country Court on course with openings
Country Court has restarted with its renovation and new build projects following a delay due to lockdown restrictions earlier this year.
Co-chief executive Al-Karim Kachra...
Target Healthcare agrees to extend and increase loans
Target Healthcare REIT has agreed to extend and increase its existing loan facilities with The Royal Bank of Scotland and HSBC.
The investor’s existing revolving...
Ares Management acquires Exemplar Health Care
Alternative investment manager Ares Management has bought care home operator Exemplar Health Care from pan-European private equity firm Agilitas Private Equity for an undisclosed...
Target Healthcare to focus on occupancy as it grows portfolio
Target Healthcare REIT’s portfolio value grew 3.2% as it continued to acquire properties.
In the three months to 30 September, the investor completed the purchase...
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...
Triple Point buys properties for £28.9m
Triple Point Social Housing REIT has invested £28.9m on 11 properties.
One deal is for five properties, comprising 74 units, and another acquisition is for...
Puma Property Finance funds development of care homes
Puma Property Finance has completed a £25m loan to fund the development of two purpose-built care homes.
The loan facility will finance properties in Cambridgeshire...
Restrictions hampering new admissions for Impact
Occupancy remained stable across Impact Healthcare REIT’s portfolio of care homes during the third quarter but admissions are not expected to rise substantially until...
Lone Star makes offer to buy McCarthy & Stone for £630m
US private equity firm Lone Star has made a cash offer to buy retirement living operator McCarthy & Stone for £630m.
An offer of £1.15...
©2024 All rights reserved LaingBuisson 