Impact Healthcare REIT (GB:IHR) has released an update.
Impact Healthcare REIT has reported a positive first quarter with a 1.7% increase in net asset value (NAV) per share and improved tenant rental cover, reaching a ratio of 2.0x, the highest since its 2017 IPO. The company’s property portfolio valuation grew by 1.5% to £660.8 million, with stable bed occupancy rates and a quarterly dividend in line with the annual target. These gains reflect the success of their inflation-linked rent reviews and ongoing property development investments.
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