CareTech on track to deliver despite uncertainty
CareTech Holdings Plc is on track to deliver on its business plan and has yet to experience any major negative financial impact from Covid-19.
In...
Kingsley Healthcare to open second homecare branch
Kinglsey Healthcare is planning to open a second branch of its homecare and live-in care division to cover Suffolk and Norfolk.
The move follows a...
Tunstall Healthcare secures funding to support growth
Tunstall Healthcare has secured additional funding as part of a recapitalisation and debt restructure as it continues its transition to a software solutions-focused business.
Barings...
Inspired Villages receives green light for £215m development
Legal & General’s later living business Inspired Villages has had plans for a 270-home retirement community accepted by Reigate and Banstead Borough Council.
The £215m...
Holmes Care Group reports growing revenue and EBITDA
Turnover and EBITDA at Holmes Care Group was boosted by a growing number of private residents using its services, its financial statement has said.
Despite...
Impact Healthcare portfolio value grows 42%
The value of Impact Healthcare REIT’s portfolio rose by 42.4% to £318.8m at the end of last year (2018: £223.8 m), its financial results...
Growth potential of care homes
Every lender should be interested in care homes, according to OakNorth Bank’s debt finance director Stuart Blair. He explains why
As a debt finance director...
Care UK continues to grow self-funding segment of operation
Almost 50% of revenue earned by the residential care services division at Care UK was from self-funders.
Money from the self-funding segment has grown from...
Impact secures £50m credit facility
Real estate investment trust Impact Healthcare has signed a revolving credit facility worth £50m with HSBC.
The bank facility is for an initial term of...
Civitas purchases properties for £19.6m
Civitas Social Housing Plc has purchased five freehold properties comprising 63 tenancies for £17.8m and exchanged contracts on a further deal worth £1.8m.
The second...
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