‘Transformative’ six months helps Target grow portfolio value

Greenacres Care Home is operated by Ideal Care Homes, a Target tenant

Target Healthcare REIT’s portfolio value rose by more than a quarter, driven by acquisitions and development activity. Results for the six months ended 31 December 2021 showed the value of its care homes grew £186m, or 27.1%, to £870.5m (June 2021: £684.8m). A total of £171m of acquisitions and development activity was carried out in…

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