Target Healthcare enters long-term debt facility

Target Healthcare REIT has entered a long-term £37m loan facility with Phoenix Group, an existing lending partner. The loan carries a 3.13% fixed rate of interest per annum on a ten-year term, maturing in January 2032 and is aligned with the REIT’s existing £50m facility with Phoenix. This is the first part of new loan…

You must be a CM Subscriber to view this content.

Subscribe Now »