Target Healthcare H1 rent up 2.9%
27th Mar 2023 07:04
(Sharecast News) - UK care home investor Target Healthcare REIT on Monday reported a rise in contractual rent for the half year of 2.9% to £57.1m, including like‑for-like rental growth of 1.8%.
Read moreTarget Healthcare reports strong rent collection, buys Bicester home
6th Jul 2020 11:36
(Sharecast News) - Care homes investor Target Healthcare said on Monday that 96% of the rent payable for its most recent quarter had been collected, after allowing for monthly-in-advance agreements for "a limited proportion" of the 71 operational locations in its portfolio.
Read moreTarget Healthcare buys Cheshire development site for ?9.7m
20th Jan 2020 09:23
(Sharecast News) - Specialist care homes investor Target Healthcare has completed the acquisition of a new development site in Cheshire for £9.7m, including transaction costs, as it continues to deploy the proceeds from its recent oversubscribed capital raise, it announced on Monday.
Read moreTarget Healthcare deploys recently-raised funds in four transactions
8th Nov 2019 12:05
(Sharecast News) - Care home investor Target Healthcare has agreed the acquisition of eight care homes and 31 retirement apartments, in four separate transactions, for a total consideration of £81.3m including transaction costs, it announced on Friday.
Read moreTarget Healthcare buys Yorkshire and West Midlands properties
23rd Aug 2019 08:30
(Sharecast News) - Real estate investment trust Target Healthcare has acquired two properties for approximately £18.6m on Friday, both of which were let on 35-year leases.
Read moreTarget Healthcare buys new-build Nottingham care home for ?7.6m
28th Jun 2019 10:36
(Sharecast News) - Care homes investment company Target Healthcare has completed the acquisition of a property in Nottingham for approximately £7.6m, including transaction costs, through a sale-and-leaseback transaction, it announced on Friday.
Read moreTarget Healthcare buys operating care home in Merseyside
15th Apr 2019 10:01
(Sharecast News) - Specialist care home investor Target Healthcare has completed the acquisition of a property in Formby, Merseyside for approximately £6.9m including transaction costs, it announced on Monday.
Read moreTarget Healthcare sets sights on West Yorkshire and Wales with newest acquisitions
7th Sep 2018 11:46
(Sharecast News) - Target Healthcare has acquired a development site in West Yorkshire and exchanged contracts to acquire a pre-let care home in Powys, Wales for a total of £17.1m.
Read moreTarget Healthcare acquires Tonbridge care home for £12m
25th Oct 2016 08:36
(ShareCast News) - Specialist care home investor Target Healthcare REIT announced on Tuesday that it has completed the acquisition of a purpose built care home in Tonbridge, Kent for approximately £12.2m including acquisition costs. The London-listed firm had previously entered into a forward commit
Read moreTarget Healthcare REIT buys care home for £2.3m
11th Feb 2016 15:47
(ShareCast News) - Shares in Target Healthcare REIT gained on Thursday after announcing the acquisition of a specialist care home in Bricket Wood, St Albans for £2.3m. Target Healthcare said the 12-bed specialist care home has been re-designed and extensively refurbished. The investor of UK care ho
Read moreTarget Healthcare acquires newly built carehome for £5.1m
27th Aug 2014 14:06
Target Healthcare, a specialist investor in UK care homes, has acquired a modern, purpose-built care home in York for £5.1m. The short-term loan facility provided to the home's operator, Ideal Carehomes Group, to fund the completion of the property has now been repaid. Ideal Carehomes has leased
Read moreTarget Healthcare acquires Leicestershire property
1st Jul 2014 12:09
Specialist investor Target Healthcare has exchanged contracts to acquire a new purpose-built care home in Leicestershire for £6m to bring a "high quality" asset into the company's portfolio. The 72 bedroom property is expected to be completed in July and will be leased to Care Concern Group for 35
Read moreTarget Healthcare acquires three new care homes
15th May 2014 09:29
UK care home investor Target Healthcare has acquired three residential care homes for 13.9m pounds. The three new properties located in Wigan, Stockport and Coventry are currently being leased to Ideal Care homes Group for a 35-year period and the price reflects an initial yield of 7%. The rent w
Read moreCarpetright Chairman sells 150,000 shares
15th Mar 2013 16:22
Carpetright, the flooring retail specialist, has announced that Lord Harris of Peckham, the group's Chairman, has sold 150,000 shares in the company. The shares were sold at 650p each, for a total of £975,000 before tax. Following the transaction Harris owns around 12.4m shares, equal to 18.32%
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