‘The time is right for something different’ Mar 18, 2021 UKREiiF Advisory Group chair Lord Kerslake has held a variety of roles within the built environment industry during the last two decades, including Chair of housing association Peabody and Be First (the growth and regeneration agency for Barking and Dagenham). Here he outlines why the time is right for UKREiiF I’ve been involved in development […] Posted by: Mark Flanagan Read more
Liverpool City Region set to get £310m funding as the UK’s second Investment Zone Aug 2, 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
£15m ‘Extra Care’ housing development for over-55s for Shropshire Jan 11, 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: Nathan Spencer Read more
£300m Whipps Cross Hospital transformation begins with huge demolition phase Mar 30, 2021 Demolition work is due to begin at Whipps Cross Hospital next month, paving the way for a £300m redevelopment of the East London-based Barts Health Trust institution. The Squibb Group have been appointed to clear disused buildings on the nurses’ site, the first phase of a massive rebuilding project which will see the hospital completely […] Posted by: Mark Flanagan Read more
£30bn framework launched by Crown Commercial Service Sep 27, 2021 The race has begun to tender for the latest CCS framework – with ProCure23 and major project framework covering public spending departments. The fourth-generation ProCure23 element for the NHS is set to be split into three lots, with the other two covering the Ministry of Defence (MoD) airfield works and construction works valued more than […] Posted by: Nathan Spencer Read more
£60m Ayrshire Wellness Park secures backing Feb 14, 2023 Proposals for a world-leading wellbeing destination have been backed by a hat-trick of local organisations in advance of determination by the Planning Committee of East Ayrshire Council, to be held on Friday 17th February. In joint letter to councillors, Auchinleck Community Council, a statutory consultee in the planning process, Auchinleck Community Development Initiative and Ayrshire […] Posted by: Mya Driver Read more
Aedifica acquires £8.5m in Scotland care home Jul 1, 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: Nathan Spencer Read more
Aedifica invests £13.5 million in the construction of a care home in York Oct 21, 2022 Aedifica has invested in a care home for Torwood Care that will be developed in a residential area in York (211,000 inhabitants, County North Yorkshire). It will accommodate 72 residents in spacious bedrooms with en-suite facilities that are specifically tailored to suit the needs of elderly people requiring continuous care. The care home will meet […] Posted by: Nathan Spencer Read more
Aedifica invests £45.5 million in 3 care homes in the United Kingdom Sep 27, 2022 Aedifica will invest approx. £45.5 million in the acquisition of a brand-new care home and the construction of two care homes in the United Kingdom. Stefaan Gielens, CEO of Aedifica, commented: “We are pleased to announce that Aedifica will invest approx. £45.5 million in the acquisition of a brand-new care home and the development of […] Posted by: Nathan Spencer Read more
Allegra Care – Developing Modern Care Homes & Helping Alleviate Under-Supply Apr 2, 2021 We’ve been speaking exclusively with Allegra Care – one of the newest entrants to the UK care home sector. With the industry thriving we’ve been discussing their ongoing and future projects and plans… Q. Allegra Care have recently formed a partnership with Moorfield Group to create a £125m portfolio of nursing and dementia care homes, […] Posted by: Nathan Spencer Read more
Allegra Care and Moorfield JV acquires Sentinel Health Care Group in £125 vision Apr 29, 2021 The acquisition is the first form the newly formed £125m nursing home partnership Allegra Care, the UK-focused care home operator, and Moorfield Group, a leading UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of Sentinel Health Care, the privately owned nursing home group. […] Posted by: Nathan Spencer Read more
Civitas invests £200m in CareTech portfolio Dec 21, 2022 Civitas Investment Management Limited (“Civitas”), the leading social impact investor, is pleased to announce an investment of £200 million to acquire a portfolio of specialist care properties from CareTech under a sale and leaseback arrangement. The portfolio comprises a mix of specialist schools and children’s homes. The investment follows the £1.1 billion acquisition of CareTech […] Posted by: Nathan Spencer Read more
