Target Healthcare REIT plc (THRL)

Category Property - Direct UK


This investment trust can be held in an Investment ISA, SIPP and Investment Account
Sell

89.10p

Buy

90.90p

arrow-up1.30p (+1.45%)

Discount/Premium

-24.61%

Estimated NAV

116.323p

Prices updated at 28 Oct 2024, 08:32 GMT
| Prices minimum 15 mins delay
|
Prices in GBX

Investment objective
The Group pursues its objective by investing in a portfolio of care homes, predominantly in the UK, that are let to care home operators on full repairing and insuring leases that are subject to annual uplifts based on increases in the UK retail prices index (subject to caps and collars) or fixed uplifts. The Group is also able to generate up to 15% of its gross income, in any financial year, from non-rental revenue or profit related payments from care home operators under management contracts in addition to the rental income due under fully repairing and insuring leases.

arrow-up0.16%
LSE

Company name
Target Fund Managers Limited
Legal structure
Closed Ended Investment Company
Domicile
United Kingdom
Fiscal year end
30 Jun 2025
Launch date
07 Mar 2013
Lead manager
Kenneth MacKenzie
Lead manager start date
07 Mar 2013
Lead fund manager biography
Head office
Laurelhill Business Park
Stirling
United Kingdom
FK7 9JQ
mobile
44 1786 845 912
letter
-


Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
© Copyright 2024 Morningstar. All rights reserved.