Target Healthcare completes deal to acquire 18 care homes

John Flannelly, head of investment, Target Fund Managers

Target Healthcare has completed the acquisition of a portfolio of 18 operational modern care homes. Combined with a deal for a pre-let development site in Weymouth, Dorset, the group’s total investment during the last quarter was £173m. The acquisitions form part of the company’s £125m equity fund raise and take the group’s portfolio to 98…

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