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Aedifica acquires four UK care homes for £61.5m
Aedifica has acquired three operating care homes and one development to be completed for £61.5m. The settings, which are operated by Oyster Care Homes, are in Sayers Common in Sussex, Broadstairs in...
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Beaufort Capital enters funding partnership with LNT
Beaufort Capital has signed a financing partnership to fund the construction and stabilisation of a portfolio of homes by LNT Care Developments. The facility will initially fund the construction of 264...
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Elevation partners with Simply Care on two settings
Real estate fund Elevation Healthcare Properties (EHP) has acquired land and agreed forward-funding to support the development of two care homes in Gravesend, Kent, and Pagham, West Sussex. The deal...
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Consensus targets diversification as part of growth
Geographical diversification across the UK will be key aim of the growth strategy at Consensus Support Services. Results showed the provider invested in developing capacity in the year ended 31 March...
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Four Seasons expects to complete latest sales process in Q1 2025
Four Seasons Health Care (FSHC) expects to complete the sales process of the group’s remaining 46 freehold care homes in the first three months of next year. Its process of the residential and nursing...
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Lifestory Group consolidates overarching brand
Retirement living developer Lifestory Group has consolidated its three sub-brands Anthology, Pegasus and Renaissance. The group, which was created in 2019, said after selling out at Anthology and...
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‘Dire state of social care’ needs tackling to improve patient flow
Representative bodies in the care sector have urged central government to tackle issues in the sector to help alleviate patient flow through hospitals. They have been responding to the investigation...
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BGF exits investment in Springfield Healthcare Group
BGF has exited its investment in Springfield Healthcare Group, with the sale of six care villages across Yorkshire. Springfield, which provides more than 500 registered care beds and employs 700...
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Target Healthcare posts uplift in portfolio value and rental income
Target Healthcare REIT has posted growth in both the value of its property portfolio and rental income. Its annual results showed the value of its portfolio grew by £39.8m, or 4.6%, to £908.5m,...
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Achieve together posts rising EBITDA as it targets growth
Achieve together posted an uplift in revenue and EBITDA as it continued to expand its care provision, with plans for further growth. Financial results for the year ended 29 February 2024, showed in...
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