UK nursing home operator Four Seasons is set to sell its freehold properties to US hedge fund H/2 Capital Partners, its current creditor, for £350m (€398m).
Not paying your rent is usually a bad thing. It leads to threatening letters from expensive lawyers. Litigation. Dispossession. And costs. So can it ever be a sensible tactic? For care home operators facing “unsustainable” rents, the answer is ‘perhaps, time will tell’.
Troubled UK nursing home operator Four Seasons failed to pay millions in rent to landlords this month, a deliberate strategy as it renegotiates the leases on some of its care homes. We speak to a market consultant, a landlord, and Four Seasons about this.
Will the growth in the elderly population lead to a massive increase in demand for residential nursing home beds? The evidence from Sweden suggests the answer is no.
Spain's largest PE-backed nursing home group by revenue, DomusVi, has won a public tender in the Basque Country to provide residential nursing home care and opened its first facility in Colombia through subsidiary Acalis.
HM Hospitales, the second largest hospital chain in Spain is selling two Madrid hospitals. We look at the value and the significance for the Spanish health care property market.
Europe's second-largest nursing home provider by revenue, Orpea, says its new telemedicine platform could reduce the group’s hospitalisations by a third. We speak to COO Jean-Claude Brdenk to find out more about what he says is the future of residential care.
The UK government has pledged £1.5bn (€1.6bn) to local authorities' social care budgets in order to tide the care sector over for another year (which includes both nursing homes and homecare). But while councils welcome the funding, a market investor tells us it won't be sufficient to patch up a system in crisis. A provider tells us the amount is in line with what the sector expected but is a tempory solution.
HBI hears H/2 Capital is first in line to buy the UK's second-largest nursing home operator, Four Seasons. We speak to a market consultant about the deal and what this means for the sector.
Germany spends more on healthcare in real terms than any country in Europe. Alongside France, it also has the highest spending ratio for healthcare at 11.2% GDP. Here, we show you how the German for-profit healthcare market breaks down by sector and give you some insight into M&A in its three biggest markets.
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