Target identifies £79m worth of investments

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

Target Healthcare REIT has identified an investment pipeline of £79m, with more than £50m worth of acquisitions expected to complete by the end of November. A further £28m worth of purchases are in advanced negotiations, the investor said. The company plans to raise up to £40m by offering up to 36.7 million new shares at…

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Deven Pamben has more than 15 years’ experience as a journalist, working on newspapers, trade magazines and online publications. A Criminology graduate, Deven worked for Hertfordshire Constabulary before becoming a journalist. He began his journalism career at a local newspaper in Hertfordshire before moving into trade magazines in permanent roles or as a freelancer. Titles he has reported and edited on include Law Society Gazette, Harpers Wine and Spirit, and Health Club Management. Deven has also written travel features for the Sunday People, and spent two years working in Beijing for the official press agency of the People’s Republic of China.