Target REIT raises £94m in share issue

By
Deven Pamben
-
Target delivers portfolio diversification with investments
Malcolm Naish, chairman, Target Healthcare

Target Healthcare REIT has raised £94m after it issued more than 87 million new shares. The shares were issued at a price of 108p. Malcolm Naish, Target Healthcare chairman, said: ‘We are pleased and encouraged by the support shown from both existing shareholders and new investors for this fundraise, particularly given the background of more…

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