Value of Target Healthcare’s property portfolio rises 0.9%

Kenneth MacKenzie

Target Healthcare REIT’s property portfolio value rose 0.9% in the three-month period to the end of September. It reached £916.4m (30 June 2024: £908.5m) and comprised 94 properties, consisting of 92 operational care homes and two pre-let sites. A breakdown showed a 0.6% like-for-like increase in the operational portfolio, mainly from inflation-linked rent reviews and…

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