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%

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Target Healthcare REIT - Q322 quarterly return of 2.5%
Target Healthcare REIT PLC (THRL:LON) | 101 -1.2 (-1.2%) | Mkt Cap: 628.3m
- 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.