Target Healthcare REIT : THRL – interims

Today’s announcement from Target Healthcare REIT covers the period from its incorporation on 22 January 2013 to 31 December 2013.

THRL’s net asset value finished the year at 95.9p; the share price then was 105p.

Target owned ten care homes at the end of December and more acquisitions are planned or in progress. The initial yield on the portfolio is ahead of the 7% target THRL had when it was launched.

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