Target’s portfolio of high-quality, purpose-built care homes continued to generate positive returns during Q420, driven by RPI-linked rental uplifts, with quarterly dividend payments maintained. The COVID-19 pandemic has presented a significant challenge to tenant operators; however, it does not change the underlying demographic-driven fundamentals that drive the sector and highlights the critical role that it plays in supporting the NHS.
14 Aug 2020
Target Healthcare REIT - Continuing DPS and positive total returns
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Target Healthcare REIT - Continuing DPS and positive total returns
Target Healthcare REIT PLC (THRL:LON) | 77.1 -1.2 (-2.0%) | Mkt Cap: 478.2m
- Published:
14 Aug 2020 -
Author:
Martyn King -
Pages:
7
Target’s portfolio of high-quality, purpose-built care homes continued to generate positive returns during Q420, driven by RPI-linked rental uplifts, with quarterly dividend payments maintained. The COVID-19 pandemic has presented a significant challenge to tenant operators; however, it does not change the underlying demographic-driven fundamentals that drive the sector and highlights the critical role that it plays in supporting the NHS.