Saturday, October 16, 2021
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Puma Property Finance funds development of care homes

Puma Property Finance has completed a £25m loan to fund the development of two purpose-built care homes. The loan facility will finance properties in Cambridgeshire...
Diversification proves positive for Impact Healthcare

Restrictions hampering new admissions for Impact  

Occupancy remained stable across Impact Healthcare REIT’s portfolio of care homes during the third quarter but admissions are not expected to rise substantially until...

Lone Star makes offer to buy McCarthy & Stone for £630m

US private equity firm Lone Star has made a cash offer to buy retirement living operator McCarthy & Stone for £630m. An offer of £1.15...
CareTech positive over fee rises

CareTech ahead of expectations despite dip in fostering division

Net capacity across CareTech fell over a six-month period due to a decline in its fostering division. As of the end of September, capacity across...
Profits slide after tough regulatory year for Runwood Homes

‘Significant challenges’ despite Brendoncare posting surplus

Rising staff costs and buying the necessary levels of personal protective equipment are expected to ‘place significant pressure’ on The Brendoncare Foundation this financial...
Investment

Children’s Family Trust increases presence in East Midlands

The Children’s Family Trust has grown its reach in the East Midlands but has been forced to pause the opening of an office in...

Administrators kick off sale of Four Seasons care homes

Administrators to Four Seasons Health Care have restarted the sale process of the operator’s Northern Irish business. Alvarez & Marsal, which was appointed as administrators...

Westminster Homecare snapped up by Care at Home Services

Westminster Homecare Ltd has been bought by Care at Home Services (South East) Ltd for an undisclosed sum. Founded in 1993, Care at Home has...

Schroders and Octopus Real Estate raise extra funds

Schroders and Octopus Real Estate have raised an additional £40m for their retirement living fund, taking equity commitments to £140m. The fund partners with developer...

CareTech snaps up assistive technology business following CMA intervention

CareTech has bought a majority holding in software and hardware firm Smartbox Assistive Technology Ltd, as part of the group’s drive to provide technology...