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Home Care Markets Business Target Healthcare re-tenants homes following occupancy struggles

Target Healthcare re-tenants homes following occupancy struggles

By
Deven Pamben
-
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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