Impact Healthcare REIT has raised £35m through a share placing, a notably lower result than the £50m it set out to secure.
The REIT, which invests in care homes and other healthcare facilities, will use the fresh capital to repay some of its revolving credit facilities as well as making new investments.
Chairman Rupert Barclay said the company has identified a “pipeline of attractive, near-term opportunities” for its next acquisitions.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
