Care REIT to continue recycling capital into other opportunities
Care REIT will continue to dispose of non-core assets and recycle the capital into other ‘high-return opportunities’.
Its annual results for 2024 showed it agreed...
Strong Life Care acquires property from Priory Group
Strong Life Care has acquired a property in Bradford, West Yorkshire, from Priory Group as part of its plans to double in size.
The provider...
Ambient Support to develop income streams following ‘challenging period’
Ambient Support Ltd plans to consolidate its financial sustainability through the development of more diverse income streams to include new commissioning partnerships with the...
US real estate investor offers £448m for Care REIT
CR United Bidco Ltd – a wholly-owned subsidiary of CareTrust REIT Inc – has reached an agreement on a recommended cash offer for the...
Eleanor Healthcare Group grows portfolio with acquisition
Eleanor Healthcare Group has grown its portfolio with the acquisition of The Close care home in Oxon, Oxfordshire.
Under the management of Sanjay Dhrona and...
Care home deals roundup
Affinity Care Consortium – part of the Younas Family Group – has acquired Asquith Hall care home in Todmorden, West Yorkshire.
The property is a...
‘Strong admissions’ helps grow occupancy at Four Seasons
Occupancy across Four Seasons Health Care benefitted from ‘strong admissions levels’, posting at an average 90% in 2024 (2023: 84.8%).
Its latest trading and restructuring...
Eden Futures strengthens presence in West Midlands
Sovereign Capital Partners-backed Eden Futures has acquired Dudley and Sandwell-based provider Care Wish.
Founded in 2005, Care Wish operates a supported living model, employing around...
Hartford Care to grow portfolio with development in Hampshire
Hartford Care will partner with Highwood Group to develop a 70-bedroom home in Eastleigh, Hampshire, after acquiring the setting.
Construction on the home will start...
Higher occupancy helps grow revenue and EBITDA at Voyage Care
Fee increases and higher occupancy helped grow revenue at Voyage Care in the three-month period to the end of December.
Results show revenue grew 10.5%...
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