Real estate - LSE - Mcap: £523m - Price: 82p - Update


Target Healthcare REIT (THRL) 


Positive momentum continued in Q3
Target Healthcare REIT’s Q324 update shows a fifth successive quarter of positive NAV total return, with indexed rent reviews driving increased earnings and property values. Tenant profitability continues to strengthen, reflected in a high level of rent cover and rent collection. Dividends are well covered by adjusted earnings and we expect further DPS growth.

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Analyst

Martyn King
Financials analyst
financials@edisongroup.com