Valuation of Target’s portfolio of care settings grows 4.9%

Target Healthcare REIT posted a 4.9% rise in the valuation of its portfolio in the second half of last year. Valuation grew to £911.1m (June 2023: £868.7m), due to a 1.4% like-for-like uplift, comprising 2% from inflation-linked rental rises and the unwind of rent-free periods offset by 0.6% because of outward yield movements. The growth…