Friends of the Elderly to lease care homes as part strategic vision
Friends of the Elderly will focus on leasing new care homes to provide support from modern, purpose-built buildings as part of its strategic vision.
It...
Care home openings help drive up financial performance at Exemplar
Occupancy growth and higher acuity levels of new residents helped drive financial performance at Exemplar Health Care, as it posted rising turnover and EBITDA.
Group...
Somerset Care posts growing EBITDA despite challenges
Somerset Care expects occupancy in its residential homes to grow ‘modestly’ this financial year due to funding pressures reported by the local council –...
Triple Point appoints Atrato Partners as investment manager
Triple Point Social Housing REIT has appointed Atrato Partners Ltd as the company’s investment manager.
The appointment concludes a review process that was announced in...
Agincare establishes presence in the North
Agincare has acquired Norton Lees Care Home in Sheffield, South Yorkshire – its first setting in north of England.
It purchased the home from Affinity...
EHP agrees deal to support development of Yorkare settings
Elevation Healthcare Properties (EHP) has completed the acquisition of land and agreed forward-funding to support the development of three settings with Yorkare Homes.
The homes...
Swanton Care acquires disability support provider
Apposite Capital-backed Swanton Care and Community has acquired Alina Disability Support.
Alina provides care and support for children and adults with learning disabilities and other...
Investor sentiment ‘remained positive’ during H2, says report
Investor sentiment over the past six months ‘remained positive’, with increased funding enquiries from operators looking to expand or improve existing facilities, according to...
More care hours and rent increases help growth at Housing 21
Inflationary rent increase and a fall in voids helped Housing 21 post growing turnover and operating surplus, its half-year results showed.
The not-for-profit provider of...
Octopus and PIC team up with Elysian Residences to deliver IRC
Senior Living Investment Partners (SLIP) – a partnership between Pension Insurance Corporation (PIC) and Octopus Real Estate – is investing in an integrated retirement...
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