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
Shares Magazine
Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events
Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.