Occupancy continues to trend upwards among Target’s tenants

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

Resident occupancy continues to trend towards 90% among tenants of Target Healthcare REIT. A financial update for the quarterly period to 30 September showed occupancy reached an average 86% among its 32 tenants, which operate 98 assets. Continued improvement in trading among tenants was also illustrated with rent cover ahead of pre-pandemic levels and collection…

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