Target Healthcare ‘optimistic’ as profit grows 45%

Target delivers portfolio diversification with investments
Malcolm Naish, chairman, Target Healthcare

Target Healthcare REIT has allocated £35.8m towards its development programme, which will support the construction of seven care homes adding £3.8m to portfolio rent annually once operational. In its financial report for the year ended 30 June 2018, the investor said it remained ‘confident and optimistic’ about its portfolio and the wider care home investment…

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