Target Healthcare buys developments for £37m

John Flannelly, head of investment, Target Fund Managers

UK-listed investor Target Healthcare has completed the purchase of two development sites for a total of £37m. Building work for two residential care homes with a combined total of 130 beds in Cumnor Hill, Oxfordshire, and Badgers Mount, Kent, are at an advanced stage. When open the Oxfordshire development will be known as Chawley Grove and…

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