Notice of Half Year Results

RNS Number : 6334R

Target Healthcare REIT Limited

01 March 2019

 

1 March 2019

TARGET HEALTHCARE REIT LIMITED

NOTICE OF HALF YEAR RESULTS

Target Healthcare REIT Limited (LSE: THRL), the listed specialist investor in modern, purpose-built care homes across the UK, will announce its half year results for the period ended 31 December 2018 on Tuesday, 5 March 2019.

Enquires:

Target Fund Managers: Kenneth MacKenzie Gordon Bland	Tel: [phone]
FTI Consulting: Dido Laurimore Claire Turvey Richard Gotla	Tel: [phone] [e-mail]

Notes to editors:

UK listed Target Healthcare REIT Limited (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 current portfolio comprises 61 assets with a total value of circa £464 million (31 December 2018), which are let to 21 tenants.  

The Group only invests in modern, purpose-built 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.

 

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