Bupa’s older people’s care business posts growing occupancy globally
Revenue across Bupa’s UK care portfolio rose 7.5% in the first half of the year, with closing occupancy reaching 90% (HY 2023: 89%).
Its older...
HSBC UK supports Affinity Care Consortium’s growth plans
A family-owned Nottingham care home operator has bought a property in Solihull, West Midlands, with the support of a seven-figure funding package from HSBC...
SDR Group acquires two care homes
SDR Group has acquired Western Health Care Ltd, which comprises Downs House and Stroud House care homes in Petersfield, Hampshire.
Downs House has 46 en...
Optimo grows footprint with deal for CFT Care
Optimo Care Group has grown its portfolio with the acquisition of CFT Care Ltd.
Based in Clacton, CFT is a supported living and specialist care...
Voyage Care reports growing EBITDA as fees rise 9.5%
Fee increases helped drive up financial performance at Voyage Care as it posted growth in both revenue and underlying EBITDA despite rising costs in...
OakNorth backs Untold Living with £26.4m loan
OakNorth has provided a £26.4m loan to integrated retirement community (IRC) developer-operator Untold Living.
The loan will be used to develop a 77-unit IRC in...
McCarthy Stone to develop retirement living apartments in South Wales
McCarthy Stone has bought a development site in Cowbridge, South Wales, that has planning consent for 50 retirement living apartments.
After the developer and operator...
OakNorth provides £52m loan as part of Danforth deal
OakNorth has provided a £52m loan as part of the deal by Warwick Capital Partners to acquire Danforth Care Homes.
The loan from OakNorth will...
RLDatix completes deal for software provider Carebeans
RLDatix has completed the acquisition cloud-based digital care planning and management software provider Carebeans.
Carebeans will be brought into RLDatix’s suite of compliance, risk, governance,...
Occupancy growth helps power results at Graham Care Group
Rising occupancy and fees helped drive up revenue and EBITDAR at Graham Care Group, as the business continued expanding its level of provision.
At the...
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