Monday, May 6, 2024
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InProgress: Abbeyfield; Care UK and Churchill Retirement Living

This month's InProgress features new developments from Abbeyfield South Downs and the Fairhome Group; planning permission granted for both Hallmark Care Homes and Churchill...

Schroders and Octopus fund acquires site in joint venture with Elysian

A retirement living fund managed by Schroders Capital and advised by Octopus Real Estate has acquired a site in the centre of Royal Tunbridge...

Atelier provides £10.7m loan to Macc Group

Atelier has provided a £10.7m loan to care provider Macc Group to finance the development of a 71-bed setting in Leighton Buzzard, Bedfordshire. The lender’s...

OakNorth Bank provides £7.5m loan for care home development

OakNorth Bank will provide a £7.5m loan to Springfield Healthcare Beverley Ltd for the development of a luxury care home in East Yorkshire. The capital...

InProgress: Care UK, Morrison, NorseCare, Roden Hall, LNT

Care UK homes on course to open Two of eight Care UK homes due to open in the next 12 months have reached important...

Flexible and adaptable homes needed, report finds

More than two million people aged 55 or older are living in a home that endangers their health or wellbeing. As many as 4.3 million...

Maria Mallaband Care Group to open Claremont Manor

Maria Mallaband Care Group (MMCG) plans open its £13m setting – Claremont Manor – next month. The home in Dawlish, Devon, is set to have...

Silverlake Care to expand Coniston Court

Silverlake Care is expanding Coniston Court in Ashdown Forest, East Sussex, adding a 10-bed wing for residential care. The project, part of a wider £100,000...

Hallmark secures £28m loan from Virgin Money

Hallmark Care Homes has secured a £28m development loan with UK bank Virgin Money. The 60-month loan will be used for the development of two...

Churchill Retirement Living takes ‘different approach’ with £30m project

Churchill Retirement Living has unveiled its £30m plans to regenerate a former gas works site in Christchurch, Dorset. The development will comprise around 170 homes,...