Target Healthcare REIT posts rental and valuation growth
Contracted rent grew 1.1% across Target Healthcare REIT’s portfolio during the first quarter, driven by inflation-linked reviews.
The investor reached rent collection of 97% for...
Belmont Healthcare grows portfolio with deal for Four Seasons homes
Belmont Healthcare has acquired three care homes from Four Seasons Health Care Group as part of its sale process, which completed at the end...
Cornwall Care posts occupancy growth despite challenges
Cornwall Care posted occupancy growth despite staffing challenges, as the provider continues to integrate with parent company Sanctuary Group.
Its results showed occupancy at the...
Milewood grows provision with acquisition
Milewood Individual Care and Support has acquired Strathallen in Saltburn-by-the-Sea, North Yorkshire.
This latest acquisition forms part of Milewood’s growth strategy, strengthening its presence and...
Aedifica makes approach for Cofinimmo
Aedifica has approached Belgian real estate company Cofinimmo with a voluntary conditional exchange offer on its shares.
The transaction would combine Aedifica’s portfolio across its...
Octopus partners with Burghley Care on £14.5m scheme
Octopus Real Estate is partnering with Burghley Care to fund a £14.5m care home in Hipperholme, West Yorkshire.
The 72-bed setting will be an all-electric...
Value of Aedifica’s portfolio falls following disposals
The value of Aedifica’s real estate fell during the first quarter of the year due to disposals, including its entire portfolio in Sweden.
The value...
Sale of 46 Four Seasons Health Care completes
Sale of the remaining 46 Four Seasons Health Care freehold care homes across England, Scotland and Jersey has completed for an aggregate £241m.
As reported...
Shareholders agree deal for Care REIT
The £448m cash offer for Care REIT Plc (CRT) has been accepted by its shareholders.
As reported in March, CR United Bidco Ltd – a...
RMBI Care Co reports growing revenue and EBITDA
Royal Masonic Benevolent Institution Care Company (RMBI Care Co) has reported growing revenue and EBITDA.
A trading update showed revenue rose to £64.6m (2024: £61.5m),...