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‘Strong’ fee outcomes help bolster performance at Four Seasons
Steady improvements in occupancy at Four Seasons Health Care and uplifts in fees across both private pay and local authority funded residents ‘bolstered top...
Anchor closes in on care home target following Halcyon deal
Anchor has completed its deal to buy the entire share capital of Halcyon Care Homes Topco Ltd, closing in on its target of operating...
Impact secures extension of revolving credit facility with HSBC
Impact Healthcare REIT has secured an extension of £25m to its existing revolving credit facility with HSBC UK Bank.
The extension is on the same...
Downing LLP commits £12.5m to support Bridges Care and Education
Investment manager Downing LLP will provide £12.5m to support the continued expansion of Bridges Care and Education (BCE), an operator of special educational needs...
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...
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