Tuesday, September 21, 2021
Advertisement

Spikes in Covid-19 hampering admissions at Four Seasons

The financial hit of Covid-19 on Four Seasons Health Care Group this year could be anything between £10m and £15m. The precise impact is yet...

Increased fees and occupancy prove positive for Greensleeves

Resident numbers exceeded expectations at Greensleeves Homes Trust helping improve occupancy levels, the provider has reported. Its financial report for the year ended 31 March...

Brendoncare to lease £15m care home from Octopus Real Estate

Investor Octopus Real Estate plans to fund and develop a 60-bed care home, which will be leased to operator Brendoncare. The property in Winchester, Hampshire,...

McCarthy & Stone predicts continued difficulties for retirement housing

The retirement housing market remains difficult due to rising Covid-19 infection rates and lockdown measures. In a trading update, developer and manager of retirement communities...
Profits slide after tough regulatory year for Runwood Homes

Country Court on course with openings

Country Court has restarted with its renovation and new build projects following a delay due to lockdown restrictions earlier this year. Co-chief executive Al-Karim Kachra...

Target Healthcare agrees to extend and increase loans

Target Healthcare REIT has agreed to extend and increase its existing loan facilities with The Royal Bank of Scotland and HSBC. The investor’s existing revolving...

Ares Management acquires Exemplar Health Care

Alternative investment manager Ares Management has bought care home operator Exemplar Health Care from pan-European private equity firm Agilitas Private Equity for an undisclosed...
Kenneth MacKenzie, Target Fund Managers chief executive officer

Target Healthcare to focus on occupancy as it grows portfolio  

Target Healthcare REIT’s portfolio value grew 3.2% as it continued to acquire properties. In the three months to 30 September, the investor completed the purchase...

Montreux fund buys part of The Huntercombe Group portfolio

The Montreux Healthcare Fixed Yield Fund has purchased part of The Huntercombe Group (THG)'s portfolio in a deal worth £35m.  Joint administrators of Four Seasons...

Triple Point buys properties for £28.9m

Triple Point Social Housing REIT has invested £28.9m on 11 properties. One deal is for five properties, comprising 74 units, and another acquisition is for...