Target Healthcare sells care homes in Surrey and Essex

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Target Healthcare said it had completed the sale of two care homes in Surrey and Essex, for an undisclosed price.

These disposals formed part of the group's wider asset management activity and followed offers received, which, combined, were greater than 5% above the 31 March 2019 book value.

They represented less than 3% of the portfolio's value, the company said.

At 9:55am: (LON:THRL) Target Healthcare Reit Ltd share price was +0.4p at 114.2p