Target Healthcare REIT to invest £33m in care homes

John Flannelly, head of investment, Target Fund Managers

Target Healthcare REIT has completed the acquisition of a luxury care home in Scotland and a site in Buckinghamshire, England, for the development of a property. Total investment for the completed homes will be £33m, including transaction costs. The home in Scotland is largely comprised of private fee paying residents and will be operated on…

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