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Lack of financial closures results in losses for Ashley House
Ashley House posted a pre-tax loss of £1.7m during the half-year to 31 October 2018 as no schemes reached financial close.
The health and social...
Target maintains momentum with acquisitions
Target Healthcare completed £50.8m worth of acquisitions in the final quarter of 2018.
Deals included one operational home and two sites on which pre-let properties...
AXA IM enters Irish care home sector
AXA Investment Managers – Real Assets (AXA IM-RA) has entered the Irish care home sector with the acquisition of ten properties, for an undisclosed...
Care bodies call for better oversight
Two leading care groups have called for an oversight body to look at how local authorities are delivering social care due to a lack...
Tunstall offloads North American business
Tunstall Healthcare has sold its North American business to Connect America for an undisclosed sum.
The sale of Tunstall Americas is part of group’s strategic...
CMA serves enforcement order over foster care deal
The Competition and Markets Authority (CMA) is investigating the completed acquisition by Core Assets Group (CAG) of Partnership in Children’s Services (PiCS).
The authority has...
Care complaints on the rise, inspectorate finds
The number of care complaints received over a four-year period in Scotland increased to 4,696 in 2017/18 from 4,440 in 2014/15, the Care Inspectorate...
CareTech raises £32m through ground rent agreement
CareTech has raised £32.6m through a ground rent agreement with Alpha Real Capital LLP.
Under the deal, the freehold of 24 CareTech properties will be...
Councils re-routing funds to pay for care services
Councils have warned that more money will be needed for care services if they are to protect spending on museums, libraries and the arts.
Research...
CPA publishes adult social care guide
The Care Provider Alliance (CPA) has published a guide offering new ideas and approaches for providers working in the independent and voluntary adult social...
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