StockMarketWire.com - Target Healthcare said it had completed the acquisition of two care homes in Ripon, Yorkshire and Stourport, West Midlands, for around £18.6m combined.
Both assets fully met the group's investment criteria of being modern, well-equipped care homes with en-suite wetrooms, underpinned by supportive fundamentals, the company said.
The yield was representative of assets of a similar standard and location within the company's portfolio, it added.
Story provided by StockMarketWire.com
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