A review of more than 100 integrated retirement community schemes has revealed continuing shifts in operator strategies,
Market analysisCategory: Real estate
Property developer Zephyr X has acquired a site for a new senior living development in Kidderminster, Worcestershire.
Real estateProperty group Eddisons has appointed Kate Deakin as a director in its valuation team based in the company’s Manchester office.
Real estateElevation Healthcare Properties has completed the sale and leaseback of Henbrook House care home in St Neots, Cambridgeshire, which is let to Connaught Care.
Social careSmart Care Homes has acquired Mannamead Care, a group of four care homes and an independent living unit in Plymouth, Devon.
M&AAssura announced pre-tax profit of £77.1 million for the six months ending 30 September 2024, compared to a net loss of £17.8 million reported for the same period last year.
Company resultsInspired Villages is to develop a retirement village in Stamford, Lincolnshire.
Real estateA Qualia Care home, St Mary’s Nursing Home in Moston, Manchester, has been sold to Vriddhi Investments on behalf of the administrator Griffins.
M&AChristie & Co has appointed Andrew Fyfe as an associate director in its care team in Scotland, to handle key healthcare transactions across Scotland.
Real estateDevelopment finance lender Atelier has provided a £23.6 million facility to develop a vacant purpose-built 119-bed care home in London.
Real estateSocial infrastructure real estate investment manager Newcore Capital has acquired 15 assets in the primary healthcare sector.
M&AHartford Care has entered into a partnership with construction firm Highwood Group to develop a residential care home in Fordingbridge, Hampshire.
Real estateAlternative lender Broadwood Capital has secured backing from asset manager Aviva Investors for a dedicated sustainable later-living credit fund.
Real estateLovett Care has acquired luxury care home developer and operator New Care for an undisclosed sum.
M&ASire Capital Partners, a London-based real estate investment manager, has acquired a portfolio of four UK dental properties on behalf of one if its private client investors.
M&AProperty developer Zephyr X has purchased and commenced groundworks for a senior living development in Bishop’s Waltham, Hampshire.
Real estateInternational alternative asset fund management group Bridgepoint has sold care home provider Care UK which it bought in 2010.
Real estateSignature Senior Lifestyle, in partnership with Elevation, has completed the debt financing and construction agreements to support the development of three wholly-owned sites.
Real estateNursing and care home operator Country Court has sold a portfolio of three care homes for around £50 million.
Real estateElevation and Anavo acquire Hampshire care home site Real estate fund Elevation Healthcare Properties, in partnership with care home operator Anavo, have acquired a site with planning consent for a care home in Havant, Hampshire.
M&ABusiness property advisor Christie & Co has been instructed to sell a care development site in Northwich, Cheshire.
Real estateRowlinson has been appointed as contractor to build St Thomas’ Gardens, a multi-generational residential community in Stockport, Greater Manchester..
Real estateOakNorth Bank has provided a £2.25 million loan to a new joint venture between Kyte Property and Grosvenor Hill.
Real estateChristie & Co has launched its ‘Care market review 2024’ report, which analyses the UK healthcare business market.
Market analysisMidlands Care has acquired three purpose-built care homes in Leicestershire.
M&AFulcrum Care has acquired four Scottish care homes on long-term leases from Impact Healthcare REIT.
Real estateThe Healthcare Management Trust has acquired St Quentin Care Homes.
M&ACare home operator, Curo Care Group, has purchased two care homes in Stockport, Greater Manchester, and a further two in Cumbria.
Real estateBusiness property advisor Christie & Co has appointed Chris Lekkas as an associate director within its dental team, based in London.
Real estateGrowth capital investor BGF stated it has generated a strong ROI in care village provider Springfield Healthcare Group, as it exits the partnership with a sale of six care villages.
M&AAssura has appointed Steven Noble to the newly created role of chief investment officer.
Real estateMuller Property Group has acquired a 1.35-acre site in South Normanton, Derbyshire.
Real estateProperty developer Zephyr X has secured £20 million in loans from Puma Property Finance to finance two new build care homes in Southeast England.
Real estateA joint venture between property development company Barcroft Estates and an unnamed global investment company have purchased a 70-bed care home scheme.
M&AMysa Care, a care provider backed by investment manager Downing, has completed three acquisitions.
M&AImpact Healthcare REIT has reported pre-tax profit of £26.3 million for the first six months of 2024.
Company resultsA residential care scheme designed to promote and maximise independent living has completed in London, providing 70 new homes.
Real estateExemplar Health Care, a provider of nursing care for adults with complex and high acuity needs, has opened Woodside Place care home in Telford, Shropshire.
Social careMcCarthy Stone has exchanged contracts with Newcastle-under-Lyme Borough Council to proceed with a housing development in the Ryecroft area of the Staffordshire town.
Real estateLater-living developer-operator Untold Living has appointed Henry Sumner as chief financial officer.
Real estateOptimo Care Group has acquired supported living and specialist care provider CFT Care.
M&ACinnamon Care Collection’s latest care home, Oakley Grange in Bishop’s Tachbrook, Warwickshire, has been completed.
Real estateMcCarthy Stone¸dge, South Glamorgan, from property firm Mercian Developments.
M&AAvery Healthcare’s latest purpose-built care home Waterhouse Manor Care Home in Peterborough, Cambridgeshire, has been completed.
Real estateAffinity Care Consortium has acquired the Silver Birches care home in Solihull in the West Midlands with the support of a seven-figure funding package from HSBC UK.
M&AVshans Care has purchased two care homes in Clwyd: Bryn Marl Nursing Home in Llandudno Junction, and Coed Isaf Nursing Home at Lllanrhos, near Llandudno.
Real estateUntold Living is developing a 77-unit integrated retirement community in Newport, Shropshire
Real estateConnaught Care Collection is opening Meadowbrook, a new luxury care home in Bishop's Stortford, Hertfordshire
Real estateCare sector joint venture development company Mercroft Estates is bringing two elderly care home schemes to the market.
Real estateCare home developer, Simply UK, has secured planning permission from the London Borough of Hillingdon for a 60-bed care home in Uxbridge, Greater London.
Real estateAria Healthcare Group has acquired Surbiton, Surrey-headquartered Future Care Group, adding a further 18 homes to its portfolio.
M&ACare home operator Yorkare has opened a new £10 million care home in Haxby, North Yorkshire.
Real estateImpact Healthcare REIT has sold five of its non-core care homes for £8.8 million.
Real estatePrivate equity and credit firm Warwick Capital Partners has acquired a majority stake in Danforth Care Homes.
M&AThe Stepping Stone Group has received a £7.3 million three-year funding package from Broadwood Capital, arranged and structured by capital advisor Arc & Co.
Social carePGIM Real Estate has acquired senior housing operator Signature Senior Lifestyle in partnership with Elevation Advisors.
M&AArchitectural practice Holmes Miller has received planning approval for three new care homes in Scotland.
Real estateBusiness property advisor Christie & Co has appointed Hannah Haines as its new head of healthcare consultancy.
Real estatePuma Property Finance has promoted Tony Throp as the business’s first head of healthcare to expand corporate lending franchise across the UK.
Real estatePuma Property Finance has provided £18 million loan to Morrison Community Care Group (MCCG) to finance Ewell, Surrey based care home.
Social careGlobal property firm Knight Frank has promoted Julian Evans to newly created role of global head of healthcare.
Real estateUS based real estate trust MPT has completed refinancing of £631 million of its UK hospital portfolio.
RefinancingSimply UK has purchased a development site in Northfleet, Kent, which has planning permission for a 75-bedroom care home.
Social careAssura and Universities Superannuation Scheme have entered into a £250 million 20:80 joint venture to support investment in NHS infrastructure.
Real estatePrimary care property investor and developer Assura has announced an IFRS pre-tax loss of £28.7 million for the year ending 31 March 2024.
Company resultsOyster Care Homes has opened Copperfield Court, a luxury home in in Broadstairs, Kent.
Real estateDanforth Care opened Coronation House in Thetford, Norfolk on 10 May, with a ribbon cutting ceremony by the mayor of Thetford councillor Chris Harvey.
Real estateWe Care Group has acquired long-term leases on three homes located in Bradford from Impact Healthcare REIT.Â
Real estateDanforth Care has opened Harbour Manor a purpose-built 66-bed care home in Felixstowe, Suffolk.
Real estateParklands Care Homes is investing £11 million on a new flagship care home at Milton of Leys on the outskirts of Inverness.
Real estateFoundation Partners Asset Management and Deer Capital have acquired Hartford Care Homes.
M&AReal estate services firm Cushman & Wakefield has appointed Peter Farnes as a partner in its UK healthcare team
Real estateMcCarthy Stone has launched a retirement village in Wimborne, Dorset comprising100 new specialist retirement properties.
Real estateMarstead Living has secured mortgage finance from Federated Hermes Private Credit to buy an 18-acre site in Mill Hill, north London.
Real estateMorrison Community Care Group has acquired a development site with planning permission for an 81-bedroom care home in Ewell, Surrey.
Real estateAgincare has confirmed it has exchanged contracts to acquire two Somerset Care homes previously threatened with closure.
Social careLaura Jordan offers advice about when your best option is to exit the sector.
Real estateElevation Healthcare Properties has acquired Abbey Wood Lodge, a 60-bed, purpose-built care home in Ormskirk, Lancashire.
Real estateOakland Care has gained planning consent for a new 75-bed care home in Harpenden, Hertfordshire.
Real estateCare provider Anavo has acquired five Scottish care homes which it has managed since 2021 following their entering administration.
M&AMcCarthy Stone, a developer and manager of retirement communities, has appointed Jo Bennett as chief financial officer.
Real estateDavid Harris explores Building Information Modelling trends and how this technology could advance healthcare environments.
Real estateHallmark Luxury Care Home has officially opened Hallmark Willingdon Park Manor, a new, £21.6 million 85-bed residential, dementia and nursing home in Eastbourne, East Sussex.
Social careAshberry Healthcare, a boutique care provider focused on small community living, has acquired Engelberg Care Home in Wolverhampton from Methodist Homes.
M&AHallmark Luxury Care Homes has acquired a 1.78-acre site in Cardiff, Wales.
Real estateThe Orders of St John Care Trust has expanded its private pay offering with its acquisition of luxury care home provider, Elmfield Care.
M&AImpact Healthcare REIT, a real estate investment trust comprising UK healthcare real estate assets, with a focus on care homes, has reported 2023 pre-tax-profit of £48.8 million.
Real estatePorthaven Care Homes has appointed Corby, Northamptonshire-based Kori Construction to build a £12.2 million care home in Milton Keynes.
Real estateCornerstone Healthcare has secured Virgin Money funding for a multimillion-pound care home renovation.
Social careBusiness property advisor Christie & Co has appointed Oliver Potts as associate director in its medical valuation services team.
Real estateWestgate Healthcare has unveiled plans to develop and open two new care homes in Hertfordshire.
Real estateTarget Healthcare REIT has reported that its contractual rent increased by 2.4% in the second half of 2023, compared to the previous six months.
Real estateHallmark Luxury Care Homes has been granted planning permission to build a care home on a two-acre site in Woodford Green, East London.
Real estateElevation Healthcare Properties has acquired from Clariane 11 properties and simultaneously leased them back to Berkley Care Group.
Real estatePrimary Health Properties has reported 2023 profit of £27.3 million.
Company resultsBirchgrove and Hybr are developing an intergenerational living scheme which will see retirees living in the same development as students and key workers.
Real estateHallmark Luxury Care Home has opened a £23 million 80-bed, residential, dementia and nursing home in Bath.
Social careLovett Care has purchased a site from property developer Aspire at Kings Hill, Kent to build a care home on the former West Malling airfield.
Real estateAltius Group, the parent company of healthcare, childcare and education estate agent Redwoods Dowling Kerr (RDK), has appointed Martin Sloan as head of healthcare.
Real estateLNT Care Developments has purchased a 66-bedroom care home site in St Andrews Park Halling, Kent from property developer Aspire for £2.88million.
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