Impact Healthcare REIT post maiden annual figures

Impact Healthcare

Source: Impact Healthcare

Impact Healthcare REIT has posted a rise in its rent roll for 2017 following its IPO last March.

Annual rent at the care home operator increased to £11.60m, compared to £11.34m at its admission to the London Stock Exchange, while the portfolio was valued at £156.17m at 31 December, representing an uplift of 1.5%.

Net asset value (NAV) stood at 100.65p a share, while profit for the period since admission to the end of the year came in at £9.46m.

Shareholders will benefit from an annual dividend of 4.5p a share, and EPRA NAV total return for the period from the IPO to 31 December was 7.19%.

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