Saturday, May 18, 2024
Advertisement

Nazareth Care Charitable Trust posts loss as occupancy is hit

Average occupancy in some care homes operated by Nazareth Care Charitable Trust was as low as 66%, its latest financial results have revealed. For the...

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...

Impact Healthcare enters into deals with Carlton Hall

Impact Healthcare REIT has exchanged contracts to buy a care home in Suffolk and entered into a pre-let forward funding arrangement for a property...

Korian’s £200m bond to acquire and develop UK healthcare real estate

Proceeds of Korian’s £200m green bond will be used to mainly upgrade, acquire and develop healthcare real estate properties in the UK. As reported in...

Revenue at Bupa care services remains flat

Revenue at Bupa Care Services in the UK remained stable during the first half of the year reaching £192m (HY 2020: £192m). Bupa’s results for...

Achieve together grows portfolio of services with acquisition

Achieve together has completed the acquisition of the residential, mental health, learning and physical disability services run by United Health Ltd. Achieve together, which has...

Target Healthcare enters long-term debt facility

Target Healthcare REIT has entered a long-term £37m loan facility with Phoenix Group, an existing lending partner. The loan carries a 3.13% fixed rate of...

Acquisitions help drive up revenue and EBITDA at Accomplish

Further acquisitions and growing occupancy helped drive up revenue and EBITDA at Accomplish Group. The operator, which provides support to vulnerable adults with mental health...

CareTech receives £820m proposal from Sheikh Holdings consortium

CareTech has received a proposal from a consortium led by Sheikh Holdings Group (Investments) Ltd that values the provider at £821.7m. Independent directors of the...
Florence founder Dr Charles Armitage

Florence raises £28.5m through Series B funding round

Social care tech innovator Florence has raised $35m (£28.5m) through a Series B funding round. It will use the investment for product expansion to support...