Target Healthcare REIT grows portfolio as profit rises

Target Healthcare REIT has been boosted by rising turnover and pre-tax profit for the six months ended 31 December 2017, as it entered into contracts to buy and fund two new care homes. Turnover for the half-year rose to £13.9m, up from £10.8m during the same period in 2016, while pre-tax profit grew to £15.1m,…