StockMarketWire.com - Target Healthcare said it had completed the acquisition of a property in Nottingham for around £7.6m through a sale and leaseback.

The Acorn House property was built in 2013, comprised 64 bedrooms and was close to the city centre.

'The investment fully meets the group's strict criteria, including being recently purpose built with modern facilities and a high quality of care provision, and is backed by a strong trading history with consistently high occupancy providing strong rent cover,' the company said.


At 9:09am: [LON:THRL] Target Healthcare Reit Ltd share price was -0.1p at 115.7p



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