7th May 2015 09:50
LONDON (Alliance News) - Target Healthcare REIT Ltd on Thursday said its net asset value rose in the three months to the end of March and said it will maintain its quarterly dividend payout for the period.
The health sector property investor said its net asset value rose by 0.9% to 96.4 pence per share in the three months to the end of March against the end of December.
The company said it will pay a quarterly dividend of 1.53 pence, flat on the dividend it paid for the three months to the end of December.
Target said the regional mid-market care home sector is currently relatively subdued compared to the strength of activity in 2014, but said it is considering a number of potential acquisition opportunities.
Shares in Target Healthcare were down 0.2% to 106.02 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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