Phoenix Group Expands Portfolio with Hambro Perks Investment Sep 22, 2023 In a strategic move to diversify its investment portfolio, Phoenix Group, the UK’s leading savings and retirement business, has acquired a stake in the London-based venture capital firm, Hambro Perks. This acquisition aligns with Phoenix’s objective to provide its customers with increased opportunities in rapidly expanding private enterprises. Phoenix Group’s acquisition comprises a 5% stake […] Posted by: Mya Driver Read more
£15m ‘Extra Care’ housing development for over-55s for Shropshire Jan 10, 2023 One of the West Midlands’ fastest-growing providers of affordable homes and social housing has completed a £15m deal to build a new ‘Extra Care’ development in Shropshire. Keon Homes, which has already seen turnover rise by 33% to £25m in 2022, has purchased land from Bloor Homes at its Hutchinson Gate site in Newport and […] 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
£300m development portfolio – Aitch Group diversify in challenging market with new land sought Apr 24, 2023 In 2022, property developer Aitch Group spend £70 million on land across four London boroughs including Brent, Waltham Forest, Greenwich and Southwark. This added a further £300 million (GDV) to the Aitch Group development portfolio. With immediate funds available, Aitch Group are now seeking more land for development in 2023 and onwards – specifically sites […] Posted by: Mya Driver Read more
£31 million Bedfordshire later living scheme gets go-ahead Jan 25, 2024 Inspired Villages has successfully secured planning permission for 111 homes at their Millfield Green later living plot in Caddington, Bedfordshire. Willmott Dixon, the contractor who built the original 86 homes, will build the first phase of this £31 million development. The village is set to include amenities such as, a swimming pool, sauna, gym, restaurant, […] Posted by: Mya Driver 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 invests £13.5M in the construction of a care home Sep 12, 2022 A forward acquisition of a care home is to be constructed in Biddenham (UK) for the Maria Mallaband Care Group with an investment of approx. £13.5 million. The care home will have a capacity of 60 residents. Stefaan Gielens, CEO of Aedifica, commented: “We are pleased to announce that Aedifica will invest approx. £13.5 million […] Posted by: Mya Driver Read more
Aedifica invests £15.5 million in a central London care home Mar 28, 2024 Rosewood House is located in a residential area near Stepney Green Park in Tower Hamlets (approx. 320,000 inhabitants), a central borough of London encompassing Canary Wharf and Whitechapel. Catering to the mid-market elderly and specialist care segment, the care home meets the highest standards of care and comfort. It accommodates up to 90 residents in […] Posted by: Mya Driver Read more
Aedifica invests £29m in the construction of two care homes in the UK Mar 25, 2022 Aedifica has acquired two care homes under construction in the UK – based in Leeds and Northampton. The Leeds site is within Rawdon, acquired for £14.5m with the capacity for 66 units – the operators is Danforth. And the Northampton site on in Overstone also has capacity for circa 66 units and it was acquired […] 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
Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk Jan 14, 2022 Allegra Care, a UK-focused care home operator, and UKREiiF attendee Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caring, adding a further 133 beds to the partnership’s […] Posted by: Mya Driver Read more
Allegra Care and Moorfield close in on £125M portfolio Dec 1, 2022 A joint venture (‘JV’) between Allegra Care, a UK-focused care home operator, and Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund V (Moorfield), has completed the acquisition of four nursing, dementia and care homes in Bristol and South Gloucestershire. The JV acquired the homes from Grove […] Posted by: Mya Driver Read more
