Target Healthcare reports pick-up in admission activity among tenants

Kenneth MacKenzie, Target Fund Managers chief executive officer
Kenneth MacKenzie, chief executive officer,Target Fund Managers

Admission activity is picking-up among tenants of Target Healthcare REIT, as confirmed or suspected cases of Covid-19 affecting residents continues to fall. Covid-related cases occupy less than 0.3% of the investor’s portfolio of beds, from the peak of 3.2% in mid-April. Its unaudited quarterly net asset value (NAV) update said admission activity was ‘now picking-up…

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