5 October 2020
Target Healthcare REIT plc and its subsidiaries
("Target Healthcare" or "the Group")
Notice of Full Year Results
Target Healthcare (LSE: THRL), the UK listed specialist investor in modern, purpose-built care homes, will announce its full year results for the year ended 30 June 2020 on Tuesday, 6 October 2020.
Enquires:
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Target Fund Managers: Kenneth MacKenzie Gordon Bland |
Tel: +44 (0)1786 845 912
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FTI Consulting: Dido Laurimore Claire Turvey Richard Gotla |
Tel: +44 (0)20 3727 1000 |
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Notes to editors:
UK listed Target Healthcare REIT plc (THRL) is an externally managed Real Estate Investment Trust which provides shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of modern, purpose-built care homes.
The Group's portfolio at 30 June 2020 comprised 73 assets let to 27 tenants with a total value of £617.6 million. The Group invests in modern, purpose-built care homes that are let to high quality tenants who demonstrate strong operational capabilities and a strong care ethos. The Group builds collaborative, supportive relationships with each of its tenants as it believes working in this way helps raise standards of care and helps its tenants build sustainable businesses. In turn, that helps the Group deliver stable returns to its investors.