Civitas adds three properties to portfolio
Civitas Social Housing has continued to grow its portfolio after completing deals to buy two specialist supported living businesses for £6.4m.
The first investment comprises...
OakNorth Bank provides £6m loan to LV Care Group
LV Care Group has been provided with a £6m loan from OakNorth Bank to refinance an existing facility on its Cheval Roc care home...
Sleep-in crisis threatening care providers, survey concludes
More than two-thirds of care operators feel that their business is coming under threat because of the sleep-in pay crisis, a survey has revealed.
Research...
Amicala and Socius receive planning consent for retirement community
Later living operator Amicala and developer Socius have received planning consent for an integrated retirement community at Members Hill in Weybridge, Surrey.
The scheme will...
CMA to consult on consumer law advice for care homes
The Competition and Markets Authority (CMA) is to consult on draft advice targeted at care homes so they meet their consumer obligations.
It follows the authority’s...
Acquisitions drive up rent roll at Impact Healthcare
Contracted rent roll rose 13.6% at Impact Healthcare REIT, with acquisitions driving performance despite volatility in financial markets.
Annual rent grew to £43.1m last year...
Civitas property portfolio worth £516.6m
Civitas Social Housing reported a pre-tax profit of £36.9m for the period from 18 November 2016 to 31 March 2018, its latest financial statement...
‘Multiple’ potential buyers interested in Four Seasons care homes
Site visits by potential buyers of freehold assets operated by Four Seasons Health Care have concluded, with ongoing diligence being carried out.
As part of...
Cash boost for joined-up care
Extra money will be available for more large-scale housing projects that integrate social care.
Housing and regeneration minister Rebecca Evans and minister for children, older...
Capacity held by top providers continues to drop
No company has taken the place of Southern Cross as a strong driver for consolidation, with further deconsolidation expected. Deven Pamben takes a closer...
©2024 All rights reserved LaingBuisson 