27th Jul 2018 10:47
LONDON (Alliance News) - Target Healthcare REIT Ltd said Friday its EPRA net asset value grew by 0.7% since March.
For its fourth quarter to June 30, the real estate investor focused on the healthcare sector, posted EPRA net asset value at 105.7 pence per share up from 105.0p at the end of March.
Net asset value total return for the quarter was 2.3%.
The company's operational portfolio value increased, on a like-for-like basis, by 2%. The portfolio, comprising of 55 assets had a total portfolio value of GBP385.5 million.
The company proposed a fourth interim dividend of 1.6125p per share. On a yearly basis it reflects a dividend payment of 6.45p.
Target Healthcare REIT shares were trading marginally up 0.4% at 112.89p each.
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Target Healthc.