Target Healthcare REIT: Edison
13:33, 30th October 2024
Edison Investment Research
Company Broker Research
Real estate - LSE - Mcap: £557m - Price: 90p - Update
Target Healthcare REIT
Rental income continuing to drive returns
Q125 update shows indexed rent reviews driving increased earnings and property values. Tenant profitability remains strong, reflected in high levels of rent cover and rent collection. The rate of quarterly dividends has increased 3% from the start of FY25 and is well covered by adjusted earnings.
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