The latest update is out from Target Healthcare REIT ( (GB:THRL) ).
Target Healthcare REIT announced a 0.9% increase in its EPRA Net Tangible Assets per share, driven by inflation-linked rent reviews, and declared a second interim dividend. The company maintains a positive outlook due to demographic trends and demand for modern care homes, with a stable rent cover and strong tenant base supporting its long-term returns.
More about Target Healthcare REIT
Target Healthcare REIT plc is a UK listed Real Estate Investment Trust specializing in modern, purpose-built care homes. The company focuses on providing shareholders with income and potential capital growth through a diversified portfolio of care homes. These assets are leased to high-quality tenants who show strong operational capabilities, aiming to raise standards of care and deliver stable returns.
YTD Price Performance: 1.19%
Average Trading Volume: 994,348
Technical Sentiment Consensus Rating: Sell
See more data about THRL stock on TipRanks’ Stock Analysis page.