Strong half-year results display the healthcare REIT’s resilience, says chair
The £22.3m equity raise will allow Impact to progress its acquisition pipeline
The £8.1m deal will see Silverline sign a 25-year lease at £627,750 pa
The rent roll has increased to £38m as the portfolio approaches £500m
The £11.1m deal represents a gross initial yield of 6.4%
REIT misses £50m target set when deal was announced earlier this year
Impact Healthcare will use the raise to pay down debt and fund its acquisition pipeline
The group has bought 12 care homes in Fife for £37.5m
Acquisitions follow the securing of £75m of new debt
The REIT’s portfolio is now valued at £447.7m, while NAV has risen to £392m
Pretax profit is up at £14.5m as the portfolio grows by 25%
The REIT, which invests primarily in care homes, recorded a 9.3% increase in pretax profit to £28.8m