Aedifica completes five projects in Q3
Aedifica completed five projects from its investment programme in the third quarter of the year, including two in the UK.
Schemes, which also included two...
Investments help drive up revenue and EBITDA at Keys Group
Investing in new and existing services helped drive up revenue and EBITDA at Keys Group.
During the year ended 31 March 2024, a subsidiary of...
OakNorth provides loan for supported living scheme
OakNorth has provided a £2.3m loan to a joint venture between Kyte Property and Grosvenor Hill to develop a supported living scheme.
Its loan will...
Improvement in staff retention helps drive performance at Lifeways
Lifeways posted growing revenue and adjusted EBITDA despite reporting a drop in occupancy.
Revenue growth on a pro-rated basis rose 9.5% and was driven by...
‘Renewed appetite’ from buyers and investors, says report
Investment activity in the care sector is steadily returning after investors paused deal-making in 2023 to focus on asset management and capital raising.
Analysis published...
Midlands Care acquires three sites in Leicestershire
Midlands Care has acquired three purpose-built settings in Leicestershire, growing its portfolio to a dozen of properties.
Parkhouse Grange in Earl Shilton; Whetstone Grange in...
Civitas Investment Management enters German later living market
Civitas Investment Management Ltd (CIM) has entered the German later living market with a €300m (£251.7m) acquisition of 26 older people’s care and assisted...
Country Court to grow portfolio with site acquisition
Country Court is growing its portfolio with the acquisition of a development site in Nettleham, Lincolnshire, which benefits from planning permission for a care...
Belong reports rising occupancy and fee rates
Growth in occupancy and fee rates as well as a cut in agency use resulted in Belong returning a surplus this year.
Occupancy within its...
RVG and Virgin Money agree £37m development facility
Retirement Villages Group (RVG) and Virgin Money’s health and social care team have agreed a deal for a new £37m development facility to part...
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