Financial Results News - Care Home Professional

Target Healthcare REIT increases portfolio value by £30m

Business Finance Financial results by Lee Peart on March 24, 2021

Target Healthcare REIT increased its portfolio value by £30m, or 4.9%, to £647.7m in the six months ended 31 December 2020. The specialist investor in modern, purpose-built homes announced portfolio returns of 4.1%, down from

Four Seasons estimates COVID-19 financial impact of £10-15m

Business Care home groups Finance Financial results Operators by Lee Peart on November 13, 2020

Leading care home operator Four Seasons has estimated a financial impact from COVID-19 of between £10 and £15m.

Acquisitions drive strong growth at The Access Group

Business Care Home Management Care Planning Systems Finance Financial results Solutions by Lee Peart on October 23, 2019

Acquisitions drove strong growth at The Access Group in the 2019 financial year with software as a service (SaaS) cloud platform, Access Workspace, gaining 150,000 new users in its first year.

Target Healthcare REIT reports 20% rise in H1 portfolio value

Business Finance Financial results by Lee Peart on March 5, 2019

Target Healthcare REIT has reported a 20% increase in its portfolio value in the first half of the financial year ending December 31 2018.

Agency costs hit Four Seasons profits

Business Finance Financial results by Lee Peart on May 1, 2018

Increased agency costs contributed to a 3.1% drop in Four Seasons’ EBITDA in 2017. The care home provider posted EBITDA

BREAKING NEWS: Four Seasons confirms it will be unable to pay debt interest

Business Care home groups Care homes with nursing Finance Financial results Operators by Lee Peart on November 15, 2017

Four Seasons Health Care (FSHC) today confirmed it will be unable to pay interest on its debt in December as talks on restructuring proposals with its creditors continue. FSHC made the announcement during an update

Welltower posts flat third quarter revenue

Business Finance Financial results by Lee Peart on November 8, 2017

US based real estate investment trust (REIT) Welltower has reported a 1.1% rise in group revenue to US$1.09bn (£828m) in

Four Seasons reports flat Q2 earnings

Business Care home groups Care homes with nursing Finance Financial results Operators by Lee Peart on August 14, 2017

Earnings for Four Seasons for broadly in line with the year earlier period with a rise in fees and occupancy

Target Healthcare REIT posts ‘strong quarter’

Business Finance Financial results by Lee Peart on July 27, 2017

Target Healthcare REIT has posted strong results in the second quarter of 2017 with a net asset value (NAV) return

Turnover and occupancy rise at Runwood Homes

Business Finance Financial results by Lee Peart on June 15, 2017

Runwood Homes saw a rise in turnover and occupancy levels in the financial year ending September 2016. Turnover rose by

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