EBITDA at Healthcare Homes dampened by higher utilities
Higher utility costs and general inflation impacted EBITDA at Healthcare Homes, its latest results show.
Its fixed price utility contracts for electricity and gas came...
Southwark Council selects Agincare to operate home
Agincare has been selected by Southwark Council to operate Tower Bridge Care Home in London.
It is taking over the running of the care home...
Fee rate inflation and occupancy growth drive up results at MMCG
Growing fee rates and rising occupancy helped drive revenues across Maria Mallaband and Countrywide care homes, with the former brand posting uplifts in its...
Shaw healthcare acquires two care settings in south Wales
Shaw healthcare has taken operational control of two care settings previously managed by charity Leonard Cheshire.
Danybryn is a 31-bed home in Radyr, Cardiff, and...
Impact Healthcare remains ‘pretty cautious’ as it grows portfolio value
Impact Healthcare REIT expects to see to ‘a few more’ assets leave its portfolio over the second half of the year.
In July, the investor...
Grosvenor Health and Social Care grows homecare provision
Grosvenor Health and Social Care has grown its portfolio with the acquisition of Esteem Care Holdings Ltd.
The deal, for an undisclosed sum,was finalised this...
Rental income slips at Target Healthcare following disposals
Contractual rental income at Target Healthcare REIT fell 2.1% during the second quarter, as the investor disposed of properties from its portfolio.
An unaudited quarterly...
Cain International agrees £65m facility with Lovett Care
Real Estate investor Cain International has agreed a £65m revolving credit facility with Lovett Care.
This facility – via Cain’s Fortwell credit strategy – will...
Beaufort Capital completes £26m loan for 82-bed care home
Beaufort Capital has completed a £26m senior facility loan to fund the construction of an 82-bed care home in southwest London.
Its facility will support...
Developments and investments help grow rental income at Aedifica
Aedifica completed 18 projects in its investment programme worth €135m (£115.6m) in the first half of the year, with €31.5m in the UK.
The UK...
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