Inflation-linked rent reviews have helped Impact Healthcare to a 13% bump in rents.
Contracted rent for the REIT rose by £5.7m over the year to £48.8m, aided by inflation-linked rent reviews, capped at 4%, along with acquisitions.
Some £1.6m of the rental growth was due to rent reviews at 119 properties. A further £3.6m was added from the acquisition of a portfolio of six homes near Shrewsbury leased to Welford, in January 2023.
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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
