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Agincare finalises deal for care home and retirement apartments
Agincare has acquired Beaufort House Care Home and Beaufort Court Retirement Apartments in Burnham-on-Sea, Somerset, from farming charity The Royal Agricultural Benevolent Institution (RABI).
It...
Pension funds expect exposure in social care to grow
Eight out of ten UK pension schemes expect institutional investors to increase their exposure to social care, survey results from Downing LLP have revealed.
The...
Occupancy and staffing issues dent results at Abbeyfield
The Abbeyfield Society has not escaped occupancy challenges that continue to ‘plague’ the sector, with it falling three percentage points to 80%, having a...
Sanctuary completes acquisition of Cornwall Care
Sanctuary Group has completed its deal to acquire not‐for‐profit provider Cornwall Care.
As part of the acquisition, Sanctuary and Cornwall Council have agreed a long-term...
Impact’s tenants continue to show growing occupancy
Occupancy rates among Impact Healthcare REIT tenants continues to show growth, with it reaching 87.3% at the end of September, up from 85.4% at...
Tough operating conditions lead to growing losses at Brendoncare
Challenging operating conditions caused by the pandemic dampened results at Brendoncare Foundation, with the charity reporting growing losses.
Its financial results for the year ended...
Grants and fee growth result in EBITDAR uplift at Maria Mallaband
Government grants and fee rises helped EBITDAR growth at Maria Mallaband Care Group Holdings Ltd despite reduced turnover.
The group’s financial results, which cover 40...
Florence follows funding round with expansion into France
Social care tech innovator Florence has grown its operations by entering the market in France.
Initially, it will be expanding over four key areas in...
Apposite Capital’s portfolio company Swanton completes eighth deal
Swanton Care and Community Ltd has completed its eighth acquisition by adding Deanston House Ltd to its portfolio, strengthening its offering in Scotland.
Deanston House,...
Target’s portfolio value and contracted rent both grow by a third
The value of Target Healthcare REIT’s portfolio has grown by 33%, while contracted rent has risen 35%, driven by acquisitions.
Its portfolio, which comprised 101...
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