21st Oct 2021 16:59
(Impact Healthcare REIT PLC - real estate investment trust focused on healthcare properties - Completes the sale of non-strategic care home Heeley Bank in Sheffield for GBP1.7 million. The price is 12% above the property's carrying value at the end of June.
In turn, will acquire an 83-bed care home set in an unnamed coastal town in south west England for a net purchase price of GBP5.8 million.
Existing tenant Minster Care Management Ltd will become the new tenant of the home at an initial rent of GBP414,000.
Current stock price: 119.00 pence
Year-to-date change: up 9.2%
By Dayo Laniyan; [email protected]
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