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Target Healthcare REIT Reports NAV Growth and Declares Dividend

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Target Healthcare REIT Reports NAV Growth and Declares Dividend

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The latest update is out from Target Healthcare REIT ( (GB:THRL) ).

Target Healthcare REIT announced a 0.9% increase in its EPRA Net Tangible Assets per share, driven by inflation-linked rent reviews, and declared a second interim dividend. The company maintains a positive outlook due to demographic trends and demand for modern care homes, with a stable rent cover and strong tenant base supporting its long-term returns.

More about Target Healthcare REIT

Target Healthcare REIT plc is a UK listed Real Estate Investment Trust specializing in modern, purpose-built care homes. The company focuses on providing shareholders with income and potential capital growth through a diversified portfolio of care homes. These assets are leased to high-quality tenants who show strong operational capabilities, aiming to raise standards of care and deliver stable returns.

YTD Price Performance: 1.19%

Average Trading Volume: 994,348

Technical Sentiment Consensus Rating: Sell

See more data about THRL stock on TipRanks’ Stock Analysis page.

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