Value of Target Healthcare’s portfolio grows 1.6%

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

The value of Target Healthcare REIT’s portfolio grew by 1.6% during the final quarter of 2020, reaching £647.7m. In its quarterly update, the group said the increase comprised 0.8% from investment in its development portfolio and a like-for-like uplift in operational homes, also of 0.8%. At 31 December 2020, the investor’s portfolio comprised 76 properties,…

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