Target’s property portfolio value grows as it continues to diversify tenant base

The value of Target Healthcare REIT’s property portfolio grew 23% to £617.6m (2019: £500.9m), as the investor agreed to buy 12 sites during the year ended 30 June 2020. Its financial report showed portfolio rent increased 21% to £39m (2019: £32.2m), including like-for-like rental growth of 1.5%, while it also grew its number of tenants…

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