Leonard Cheshire improves financial position with ‘small surplus’
Leonard Cheshire reported a ‘small surplus’ as it continued with its recovery plan to turn the charity around.
Recruitment remained difficult at some locations and...
Acquisitions help grow profitability at Choice Care Group
Acquisitions and rising occupancy helped drive up financial performance at Choice Care Group.
In the year ended 31 March 2024, its parent group acquired the...
Advinia reports growing EBITDA despite fall in revenue
Cost management strategies helped grow EBITDA at Advinia Health Care Ltd, despite the provider reporting a dip in turnover.
Its financial results said post-Covid-19 occupancy...
Trading outlook across Target Healthcare portfolio ‘remains positive’
Rental growth helped drive up the valuation of Target Healthcare REIT’s property portfolio.
Its 94 assets let to 34 tenants was valued at £924.7m at...
Contracts and maturing homes power EBITDA at Avery Healthcare
Avery Healthcare reported rising turnover and EBITDA as it benefited from new care home management contracts and ‘maturing’ settings across the group.
Turnover for the...
Blackfinch Property provides £8.8m loan for care home scheme
Blackfinch Property has provided an £8.8m bridging loan to Zephyr X to support the next phase of growth of a 70-bed care home and...
Renaissance Care expands portfolio with acquisition
Renaissance Care has completed the acquisition of Cranford House in Aberdeen, Aberdeenshire, as the Scottish group continues to expand its portfolio of homes.
Cranford House,...
North Bay sells half a dozen properties for £100m
North Bay – trading as both St Mary’s and Highgate Care – has sold a portfolio of six care homes across north England for...
Johnnie Johnson Housing completes transfer to Sanctuary
Johnnie Johnson Housing (JJH) has completed the transfer of its housing and telecare services to Sanctuary.
JJH customers have been involved, working with Sanctuary’s teams...
Boutique Care Homes expands with site acquisition
Boutique Care Homes has acquired a site in Wokingham, Berkshire, where it plans to develop a 64-bed setting.
The care home, which has already received...
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