Target’s portfolio value and contracted rent both grow by a third

Lydgate Lodge in Batley, West Yorkshire

The value of Target Healthcare REIT’s portfolio has grown by 33%, while contracted rent has risen 35%, driven by acquisitions. Its portfolio, which comprised 101 assets let to 34 tenants at the end of June, was valued at £911.6m, up by £226.8m, including like-for-like growth of 4.2% (2021: 3.8%). Contractual rent leapt 35% to £55.5m…

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