Finance

Healthcare REIT beats Target with £50m fundraise

By 2018-11-08T10:30:00

BADGERS MOUNT CARE HOME

Target Healthcare REIT has raised £50m in an oversubscribed share placement as it eyes continued expansion of its portfolio.

The specialist care home investor increased the size of the placing to 45,871,559 shares at 109 pence per share after it exceeded its initial £40m target.

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