Target Healthcare acquires two UK care homes for £18.6m

Writer, Stock Market Wire
Friday, August 23, 2019 - 07:09

Target Healthcare said it had completed the acquisition of two care homes in Ripon, Yorkshire and Stourport, West Midlands, for around £18.6m combined.

Both assets fully met the group's investment criteria of being modern, well-equipped care homes with en-suite wetrooms, underpinned by supportive fundamentals, the company said.

The yield was representative of assets of a similar standard and location within the company's portfolio, it added.


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