Strong accounting returns continued for Target Healthcare REIT during Q322, extending its record of consistent positive returns since IPO. Indexed rent uplifts, an extension of long-term fixed-rate debt and a historical ability of operators to match inflation pressures with fee growth offer good inflation protection. In combination with continuing investment, this supports Target’s well-charted path to full dividend cover.
23 May 2022
Target Healthcare REIT - Q322 quarterly return of 2.5%
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Target Healthcare REIT - Q322 quarterly return of 2.5%
Target Healthcare REIT PLC (THRL:LON) | 77.4 0.7 1.2% | Mkt Cap: 479.8m
- Published:
23 May 2022 -
Author:
Martyn King -
Pages:
9
Strong accounting returns continued for Target Healthcare REIT during Q322, extending its record of consistent positive returns since IPO. Indexed rent uplifts, an extension of long-term fixed-rate debt and a historical ability of operators to match inflation pressures with fee growth offer good inflation protection. In combination with continuing investment, this supports Target’s well-charted path to full dividend cover.