REIT had targeted a fundraise of around £59m but increased placement to meet high demand.
Target chief executive says quality goes hand-in-hand with a compelling investment opportunity
The placing will target gross proceeds of approximately £50m.
Group’s portfolio increases to 63 assets
The REIT added £2.3m of annual rents during the quarter
REIT completes sale and leaseback deal with Acacia Care.
£37m residential care home purchases will provide a total of 130 beds
The trio will boost the care home investment company’s growth
The REIT aims to raise the funds through a share placing at 109p per share
Care home investor posts portfolio value rise and 6.6% asset value growth
66-bedroom Sutton-in-Ashfield scheme bought for £5.6m