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Home Care Markets Business Occupancy continues to trend upwards among Target’s tenants

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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