Wednesday, May 1, 2024
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Ashley House raises funds through sales

Health and housing property partner Ashley House plc has sold its interests in Partnering Health Ltd (PHL) and Infracare LIFT Holdings Ltd to its major lender Invescare...

McCarthy & Stone to begin phased return to work

Developer and manager of retirement communities McCarthy & Stone plans to focus on restarting sales of 1,350 units of finished stock worth around £325m,...

Inspectors find ‘serious failings’ in care home

A care home has been found to have fallen significantly short of standards, with residents left ‘malnourished and dehydrated’. Temple Court in Kettering, Northamptonshire, has...

Local plans lack clarity over older people’s housing, research concludes

Half of councils lack clear policies for the provision of suitable housing for older people, research by property consultancy Knight Frank and law firm...
Diversification proves positive for Impact Healthcare

Impact Healthcare’s portfolio value grows 27%

Impact Healthcare REIT’s portfolio value has grown by 27.4%, while its contracted rent roll has risen 36.6%, its half-year results have shown. Its investment portfolio...

Hallmark Care Homes launches Santhem Residences

Hallmark Care Homes has created a retirement living brand called Santhem Residences, as part of its entrance into the assisted living market. The Essex-based brand...

CareTech snaps up assistive technology business following CMA intervention

CareTech has bought a majority holding in software and hardware firm Smartbox Assistive Technology Ltd, as part of the group’s drive to provide technology...

CQC calls for overhaul of care for people with learning disabilities

The CQC is calling for ‘fundamental change’ to the care of people with learning disabilities, autism and mental health conditions after a review into...

Spikes in Covid-19 hampering admissions at Four Seasons

The financial hit of Covid-19 on Four Seasons Health Care Group this year could be anything between £10m and £15m. The precise impact is yet...

Somerset Care posts 37.5% growth in EBITDA

Growth in community hours, residential occupancy and cost efficiencies helped boost turnover and EBITDA at Somerset Care. The provider, which operates 27 care homes and...