Openings drive up revenue and EBITDAR at Witherslack Group
Openings of schools and children’s homes powered revenue and profitability at Witherslack Group, latest results show.
The business, which provides education and care for children...
LNT Care Developments begins work on site
LNT Care Developments has acquired a site with full planning permission in Midsomer Norton, Somerset.
Consent was granted in February 2019 for construction of a...
BN Care receives backing from HSBC and BGF
BN Care has purchased its fifth care home after securing a joint finance package from HSBC UK and BGF, enabling it to grow its...
Octopus Real Estate provides loans to Connaught Care
Octopus Real Estate (ORE) has provided a total of £26.3m to Connaught Care to support the development of two properties.
Money will finance the construction...
Civitas Social Housing to delist in August
Civitas Social Housing will be delisted from the London Stock Exchange next month, following CK Asset Holdings Ltd (CKA)’s takeover of the REIT.
Cancellation of...
Four Seasons shifts ‘mind-set’ over fees as it agrees sale of three homes
Average weekly fees at Four Seasons Health Care are ‘significantly in excess’ of £1,000, resulting from a change in ‘mind-set’ of both the provider...
Growing EBITDA at parent of OFG and NFG before decision to split
Acquisitions and organic growth helped drive up revenue by more than £22m at the parent company of Outcomes First Group (OFG) and National Fostering...
Civitas appoints non-executive directors as deal moves closer
Civitas Social Housing has appointed six non-executive directors to its board, as the offer from Wellness Unity Ltd (CK Bidco), a wholly owned indirect...
Impact increases and extends revolving credit facility
Impact Healthcare REIT has increased the size and extended the maturity of its revolving credit facility with National Westminster Bank.
The facility, which has been...
Care home deals round-up
Care Concern has grown its portfolio of properties to more than 60 after it acquired two settings in Cannock, Staffordshire.
Barton House and Needwood House,...
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