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RNS Number : 0260B Target Healthcare REIT PLC 05 October 2020
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:
Target Fund Managers: Tel: +44 (0)1786 845 912
Kenneth MacKenzie
Gordon Bland
FTI Consulting: Tel: +44 (0)20 3727 1000
Dido Laurimore targethealthcare@fticonsulting.com (mailto:targethealthcare@fticonsulting.com)
Claire Turvey
Richard Gotla
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.
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