Target Healthcare re-tenants homes following occupancy struggles

Kenneth MacKenzie, Target Fund Managers chief executive officer
Kenneth MacKenzie, chief executive officer,Target Fund Managers

Lag in occupancy recovery caused by the Omicron variant has led to the re-tenanting of nine care homes from two tenants within Target Healthcare REIT’s portfolio of homes. The re-tenanting of the first home was completed in the quarter to the end of June, with terms agreed for four other homes. The investor is close…

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