Liverpool City Region set to get £310m funding as the UK’s second Investment Zone Jul 31, 2023 Communities across the Liverpool City Region could be set to benefit from over 4,000 new jobs and a multi-million-pound investment in the life sciences sector as part of the UK’s second Investment Zone. The government has today (26 July 2023) launched England’s second Investment Zone in Liverpool City Region, which could unlock £320 million of private investment and deliver 4,000 […] Posted by: Mya Driver Read more
£20m Loan to Fund New Care Homes in Surrey and Reading Aug 21, 2024 Puma Property Finance has announced the provision of a £20 million loan facility to Zephyr X for the development of two new care homes in the South-East. The funding, split into £13 million and £7 million loans, will support the construction of care homes in Reigate, Surrey, and Whitchurch, Reading, respectively. The £13 million loan […] Posted by: Mya Driver Read more
£40m Octopus and Torwood Care partnership to deliver three care homes Dec 4, 2024 Octopus Real Estate, part of Octopus Investments and a leading specialist real estate investor and lender, today announces £40 million of funding for three new high-quality, purpose-built care homes in the Octopus Healthcare Fund’s (OHF) portfolio of over 100 homes. These new care homes will provide a total of over 200 beds, each with a […] Posted by: Deividas Krupstas Read more
Aedifica acquires £8.5m in Scotland care home Jun 21, 2022 Aedifica has invested £8.5m to acquire a fully operational care home in Ayr, Scotland. Creggan Bahn Court in Ayr has undergone two expansions in the past 10 years, currently accommodating 58 residents across the site. The home is operated by Maria Mallaband Care Group who operate 17 sites across Aedifica’s portfolio. The carte home is […] Posted by: Mya Driver Read more
Aedifica secures four UK care homes in £61m acquisition Sep 9, 2024 The four care homes of this portfolio are located in prosperous residential areas in Sayers Common (Sussex), Broadstairs (Kent), Southampton (Hampshire) and Midsomer Norton (near Bath). The three trading properties have been recently completed in Q2 2024. The property in Midsomer Norton is currently still under construction and is expected to be completed in Q4 […] Posted by: Deividas Krupstas Read more
Approval granted for £250M Oriel eye-care centre Nov 10, 2022 Plans for Oriel, a new £250M state-of-the-art eye care, research and education centre, have been given the green light by government. The joint initiative between Moorfields Eye Hospital NHS Foundation Trust, the UCL Institute of Ophthalmology and Moorfields Eye Charity, which will see services move to a brand-new integrated centre on the site of St Pancras […] Posted by: Mya Driver Read more
Assura dispose of 12 assets for £25 million Oct 24, 2024 Assura has announced the completion of the disposal of 12 assets for cash proceeds of £25 million. The sale price is in line with the current book value of the assets and the proceeds will enable a partial repayment of the Group’s revolving credit facility. Disposal programme update The Company continues to make strong progress […] Posted by: Deividas Krupstas Read more
Assura Healthcare Reports Strong Strategic Progress in Latest Trading Update Oct 7, 2024 Assura Healthcare has today reported significant progress across its strategic objectives in a trading update that reinforces its position as a leading healthcare real estate investor, with a focus on sustainable growth and portfolio expansion. The company has successfully completed the acquisition of a portfolio of 14 private hospitals for £500 million. This acquisition provides […] Posted by: Deividas Krupstas Read more
Assura plc Announces Significant Strategic Progress Nov 14, 2024 Assura plc (“Assura”), the UK’s leading diversified healthcare real estate investment trust (REIT), today releases its interim results for the six months ended 30 September 2024, reporting transformative strategic advances that strengthen its market-leading position and set the foundation for sustained long-term growth. Jonathan Murphy, CEO, said: “The first half of this financial year has […] Posted by: Deividas Krupstas Read more
Belgian firm Aedifica invests £14m for redevelopment of care home Dec 6, 2024 Aedifica has confirmed £14m of investment into the redevelopment of a former care-home sit which has been demolished. The site, situated 15-miles from Greater London, will deliver a care home for up to 65-people. On completion the care home will be operated by Hamberley Care Homes. Stefaan Gielens, CEO of Aedifica, commented: “We are investing […] Posted by: Deividas Krupstas Read more
Blackfinch Property completes £8.1m care home development loan Nov 16, 2022 Blackfinch Property has completed a £8.1m loan, with a loan duration of 24 months, which will be used for the development of a 70-bedroom care home and 7-bedroom assisted living facility in Blackburn, Lancashire. The development will help to meet the growing demand for high quality elderly care facilities, offering enhanced sized community spaces and […] Posted by: Mya Driver Read more
Brighton Hospital Embarks on Major Overhaul with Data Centre Demolition Feb 13, 2024 Brighton’s Royal Sussex County Hospital has announced the demolition of its data centre, marking a key phase in a comprehensive £750 million modernisation effort. This initiative, aimed at revitalising the hospital’s infrastructure, will involve the dismantling of several structures, including the historic Barry Building, the Nigel Porter Unit, and the ENT and Hanbury Buildings. The […] Posted by: Mya Driver Read more
