Aedifica establishes UK team with acquisition of Layland Walker

Belgian healthcare REIT Aedifica has expanded its presence in the UK with the acquisition of its asset management partner Layland Walker. Layland Walker was established...

Orbis Education and Care appoints MD for adult services

Orbis Education and Care has appointed Lyndsey Price as its managing director for adult services. The organisation runs 16 schools, residential homes and day facilities...

UK: Aedifica acquires fully operational care home in UK for £11.5m

Belgian pure play healthcare real estate fund, Aedifica, has acquired a fully operational care home in Shrewsbury for around £11.5m (US$15.8m). The care home...

Transactions in care home sector remain subdued, Savills reports

Investment in the care home sector remains subdued, with this year so far being ‘quiet’, analysis from Savills has revealed. Its Spotlight: UK Care Home...

Deficit in funding for homecare services ‘exposed’, research reveals

Inadequate funding for homecare is leading to poor pay for its workforce and substandard practices in commissioning and purchasing of services by public bodies. Research...

CMA concerned over availability and price of children’s care

Children in care are not being placed in the right homes while providers charge high prices and make big profits in what the Competition...

Joint venture to develop retirement communities

The real estate investment and advisory arm of Noé Group has entered a joint venture with Revere Life to develop senior living communities in...

Profitability per registered bed declines to a three-year low

Analysis of the Care Quality Commission’s market oversight scheme has shown profitability per registered bed declined to a three-year low in March this year...

Recruitment and staff retention ‘serious and deteriorating’, says CQC

Recruitment and staff retention continue to be severe problems for adult social care, with the situation ‘serious and deteriorating’, the regulator has said. It has...

Valuation of CareTech’s property portfolio reaches £930m

CareTech’s property portfolio has been valued at £930m, an increase of 20% since its last estimate in September 2018 (£774m). The valuation of 407 freehold...