Care home deals roundup
Agency Prime Care Ltd has bought Burlington Nursing Home in Bognor Regis, West Sussex.
The site comprises two attached properties that have been extended and...
Occupancy steadily increasing at Hallmark Care Homes
Occupancy is ‘recovering steadily’ to pre-pandemic levels across settings operated by Hallmark Care Homes.
Its financial results for the year ended 31 March 2021 said...
Hallmark launches construction company
Hallmark Care Homes plans to build its own care homes through its new construction vehicle Savista Developments.
The company will source land, obtain planning permission...
Target Healthcare to raise £100m to support growth plans
Target Healthcare REIT is planning to raise £100m as it looks to acquire more properties, including a portfolio of 18 care homes that the...
Demand for places in Target’s care homes ‘remains encouraging’
Resident occupancy across Target Healthcare’s portfolio of care homes continues to recover towards pre-pandemic levels.
Demand for places in its homes remains ‘encouraging’, with growing...
EBITDA rises at Lifeways as its exits ‘loss-making’ activities
Supported living provider Lifeways reported a slip in revenue after it withdrew from ‘loss-making’ activities.
The provider told CM it was planning to grow its...
Clece Care Services grows portfolio with acquisition
Clece Care Services Ltd has acquired domiciliary provider CSN Care Group from investment firm BGF.
CSN, which has head offices in Milton Keynes and Edinburgh,...
Voyage Care makes addition as revenue grows
Voyage Care has bought supported living provider Fox Elms Care Ltd in Gloucestershire for £2.4m as it continues to increase the number of people...
Sheikh Holdings Group considers offer for CareTech
The family office of Haroon and Farouq Sheikh – chief executive and executive chair of CareTech respectively – is at the early stages of...
EBITDAR slips at Brendoncare as pandemic challenges bite
The Brendoncare Foundation experienced a reduction in occupancy of around 10% due to the pandemic, with vacancies taking longer to fill.
The charity said in...
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