RVG upgrading sites to improve resident experience

Retirement Villages Group (RVG) is upgrading some of its sites as part of plans to improve the resident experience. It is modernising four of its...

Investment in care settings drives up performance at Exemplar

Growth in capital expenditure at Exemplar Health Care helped drive up average number of beds, resulting in rising revenue for the provider. Figures for EHC...

Acquisitions help drive up results at City and County Healthcare

Expansion of City and County Healthcare’s homecare and complex care offerings helped drive up turnover and EBITDA at the provider. Acquisitions helped generate £22.9m of...

EBITDA slips at Ideal Carehomes despite rising fees and openings

Rising fees and the number of care home beds could not stem slips in revenue and EBITDA at Ideal Carehomes Topco Ltd, as settings...

Excelcare ‘on the front foot’ to meet local demand

Positive relationships with local authorities helped Excelcare post strong occupancy rates across its subsidiary businesses, helping grow revenue. Across its subsidiaries, which operate care homes...

Allica Bank widens care home commercial mortgage offer

Allica Bank has extended its care home commercial mortgage proposition to cover specialist support for adult and children’s learning disability services, as well as...

Triple Point ‘actively looking’ to shift properties away from My Space

Triple Point Social Housing is ‘actively looking’ to move properties away from My Space following concerns raised by the regulator over the provider’s solvency...
Kenneth MacKenzie, Target Fund Managers chief executive officer

Target’s assets demonstrating ‘resilience’ despite drop in value

Target Healthcare REIT’s property portfolio value has remained resilient despite it falling 5% during the last quarter of 2022. As at 31 December, it was...
Profits slide after tough regulatory year for Runwood Homes

Value of Impact’s property portfolio dips 4%

Impact Healthcare REIT’s property portfolio value fell 4% on a like-for-like basis, with the investor looking to dispose of some non-core care homes.  Its trading...

Person Centred Software acquires wellbeing business

Digital care planning provider Person Centred Software (PCS) has acquired Oomph Wellness.  The acquisition means more than 5,000 care homes will be able to access...