Target expects further profitability growth among tenants

Lydgate Lodge in Batley, West Yorkshire

Target Healthcare REIT anticipates profitability growth among its tenants as occupancy continues to improve, helping support valuations. Disposals and re-tenanting supported its portfolio as it benefited from demand tailwinds and a positive outlook for the private-pay market. Its unaudited quarterly net asset value (NAV) and corporate update showed its portfolio consisted of 97 assets let…

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