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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...
Lack of staff and rising costs impact ‘fluctuating’ profit margins
Profit margins among corporate providers of residential care have fallen to their lowest levels since the pandemic began, data from the regulator have revealed,...
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...
Anchor opens Otley care home
Not-for-profit provider Anchor has opened a care home in Otley, West Yorkshire, and will be welcoming residents next month.
The purpose-built property offers residential and...
SENAD Group appoints directors of education and children’s social care
SENAD Group has recruited two directors following the departure of its chief operations officer Mark Flynn, who retired at the end of summer.
The operator...
John Lewis programme aims to get care leavers into work
John Lewis Partnership is supporting young people leaving the care system to find jobs.
Its plan forms part of a long-term ambition to become an...
Downing LLP appoints Nick Burley to its capital solutions team
Former Alliance Medical chief financial officer Nick Burley has joined the capital solutions team at investment manager Downing LLP.
Burley will partner with former M&G...
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