RSSCategory: care home investment

Solehawk opens £3m outstanding North East care home

Solehawk opens £3m outstanding North East care home

PROVIDER of professional care, Solehawk, has opened an impressive new development in the West End of Newcastle following a significant £3.2m investment.   Ashton Court Care Home, located on West Road in Fenham, has welcomed its first residents creating 30 local jobs, and was officially opened by the Lord Mayor of Newcastle Councillor Linda Wright. […]

7th December 2017 | By | Reply More
Shortfall in bed spaces continues to increase in the UK care home market

Shortfall in bed spaces continues to increase in the UK care home market

Over the next 5 years, demand for care home places is expected to far exceed the number of bed spaces available. Demand is forecast to increase by around 9,000 bed spaces each year, while the current rate of care home development is at 5000-6000 new beds per year, leading to a substantial shortfall. The most […]

23rd October 2017 | By | Reply More
Great Oxendon care home celebrates completion of new extension

Great Oxendon care home celebrates completion of new extension

A Market Harborough care home, Oxendon House, in Great Oxendon is celebrating the completion and registration of their 16 bedroom extension, which is now ready for residents to move into! The new extension has created 16 fantastic spacious bedrooms, all with wet rooms, most with patio doors leading out onto the garden.  These new bedrooms being […]

24th July 2017 | By | Reply More
Leading UK retirement village developer and operator fund raises £85m to continue growth

Leading UK retirement village developer and operator fund raises £85m to continue growth

The Moorfield Audley Real Estate Fund (MAREF) has successfully raised a further £85 million from existing investors to take the total raised to £285 million.   Moorfield Group, the UK real estate private equity fund manager, created MAREF to acquire Audley, the leading UK retirement village developer and operator, in December 2015.   Audley, one […]

28th June 2017 | By | Reply More
South Coast based specialist care provider secures investment to expand care home footprint

South Coast based specialist care provider secures investment to expand care home footprint

BGF has invested £3.85m in support of Dolphin Homes, a South Coast based specialist care provider for young adults with complex health needs. The funds will be used for the provision of two new care homes in Hampshire, as well as investing further into Dolphin’s existing homes. Now operating 12 homes with a total of […]

23rd June 2017 | By | Reply More
Care home market continues to grow as NHS Funded Nursing Care supports state-paid care homes

Care home market continues to grow as NHS Funded Nursing Care supports state-paid care homes

The value of UK care home market for older people reached £15.7 billion in 2016 (about 1% of GDP). The market continues to grow, at a CAGR (compound annual growth rate) of 3% over the last five years, mainly driven by growth of privately paid services at a CAGR of 6%. According to research from […]

15th May 2017 | By | Reply More
Third largest care home provider prepares for next phase of its journey

Third largest care home provider prepares for next phase of its journey

HC-One, the UK’s third largest care home provider is preparing for the next phase of its journey with the appointment of Justin Hutchens as its new Chief Executive Officer. Hutchens has spent his twenty-three year career in the healthcare sector in the United States. He will be joining HC-One on 1st June 2017 from HCP […]

6th April 2017 | By | Reply More
Family run care home in Lancashire expands with bank support

Family run care home in Lancashire expands with bank support

Mark Brierley and his sister Hannah Townson have expanded their care home High Brake House to accommodate eight extra bedrooms, all with en-suite facilities, which has received the financial support from Royal Bank of Scotland. This is the fourth extension since the brother and sister partnership took over the running in 2007. High Brake House […]

18th January 2017 | By | Reply More
Orchard Care Homes completes first phase of Sunderland and North East development project

Orchard Care Homes completes first phase of Sunderland and North East development project

Care in Sunderland and the surrounding area has taken a dramatic change for the better, as Orchard Care Homes completes the first phase of a development project in five homes in the region, worth over half a million pounds of investment. To officially launch the reopening of the homes, The Right Worshipful Mayor of Sunderland, […]

8th December 2016 | By | Reply More
Investment at Chorley retirement village

Investment at Chorley retirement village

The management team at Buckshaw Retirement Village is investing in further refurbishments to maintain its award-winning standards. More than £350,000 has been invested in the modern site at Buckshaw, near Chorley, Lancashire during the last 12 months. Money has been spent on the extensive gardens and landscaping along with rooms and leisure and wellness facilities […]

29th November 2016 | By | Reply More
Care operator expands with purchase of Slough care home

Care operator expands with purchase of Slough care home

Windsar Care Ltd has completed the acquisition of a former care home in Slough to refurbish and open as a newly developed home providing nursing care for elderly clients. Funding to support the purchase of the care home has been provided by the Royal Bank of Scotland.   Burnham House has been closed since July […]

17th November 2016 | By | Reply More
Derbyshire care operator announces opening of second care home

Derbyshire care operator announces opening of second care home

Derbyshire care operator Folcarn Ltd has announced the opening of their second care home, New Lodge Nursing Home, after securing a significant funding package from the Royal Bank of Scotland earlier this year and has refurbished and developed the site to create a new 28-bed nursing care home, which officially opened on Wednesday 2nd November. […]

4th November 2016 | By | Reply More
Target Healthcare REIT continues investment with acquisition of care home in Tonbridge, Kent

Target Healthcare REIT continues investment with acquisition of care home in Tonbridge, Kent

Target Healthcare REIT Limited and its subsidiaries (“the Group”), the only UK listed specialist investor in care homes, announces that it has completed the acquisition of a purpose built care home in Tonbridge, Kent for approximately £12.2 million including acquisition costs. The Group had previously entered into a forward commitment to acquire this property. This […]

25th October 2016 | By | Reply More
Special sculpture marks Care UK’s £60 million development investment

Special sculpture marks Care UK’s £60 million development investment

A local artist has been appointed by Care UK to produce a special sculpture for the gardens of Glastonbury Court care home in Bury St. Edmunds.   The sculpture will celebrate the end of Care UK’s three-year, £60 million development project, which has seen the creation of 10 new care homes and 10 new day […]

14th October 2016 | By | Reply More
Avery Healthcare focused on growth with seven figure funding deal

Avery Healthcare focused on growth with seven figure funding deal

Northampton-based healthcare operator Avery Healthcare is focused on growth after securing a seven figure refinance package from the Royal Bank of Scotland. Avery Healthcare operates residential, dementia and nursing care homes throughout the UK, with a focus on providing the highest possible standards of living for their residents and peace of mind for family and […]

6th October 2016 | By | Reply More
Marlborough care home unveils £240,000 refurbishment

Marlborough care home unveils £240,000 refurbishment

The Orders of St John Care Trust (OSJCT), which runs 18 care homes throughout Wiltshire, has officially unveiled a £240,000 refurbishment project at its Marlborough care facility.   The renovation project, has been designed to help further meet the physical and social needs of residents living with dementia at Coombe End Court, Marlborough.   As […]

3rd October 2016 | By | Reply More
Investment sees Gateshead care home residents enjoy the bloom

Investment sees Gateshead care home residents enjoy the bloom

GATESHEAD-based Craigielea Community Nursing Home has received a substantial investment to renovate its garden, improving its look and accessibility to residents.   The transformation has seen the installation of two pathways, creating welcoming routes where residents can enjoy walks, as well as new block pathing to form a patio area with outdoor seating, leading out […]

19th September 2016 | By | Reply More
Target Healthcare REIT acquires 2 care homes let to Hudson Healthcare

Target Healthcare REIT acquires 2 care homes let to Hudson Healthcare

Target Healthcare REIT Limited and its subsidiaries, the only listed specialist investor in UK care homes, is pleased to announce that it has completed the acquisition of two modern, purpose built care homes located in Dundee, Scotland and Sandiacre, Derbyshire for approximately £14.0 million including acquisition costs.   The properties comprise a total of 151 […]

30th August 2016 | By | Reply More
Yorkshire care operator completes on fourth care home

Yorkshire care operator completes on fourth care home

A Yorkshire care operator has accelerated its plans for growth with the acquisition of a new care home in Barnsley, thanks to a seven figure loan from Lloyds Bank Commercial Banking. Strong Life Care provides specialist residential care for the elderly and those suffering with dementia, and provides tailored support specifically designed to meet each […]

26th August 2016 | By | Reply More
Herefordshire care home group acquires nursing home

Herefordshire care home group acquires nursing home

This week the Herefordshire Care Homes group added to their Nursing Home portfolio as they acquired Hazelhurst Nursing Home in Bishopswood, Ross on Wye. Bringing the total number of homes in the group to six. The purchase comes as Charnwood Care Home was awarded Outstanding by the CQC – the first home in Herefordshire, projecting […]

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26th August 2016 | By | Reply More