NAV nudges up at Target Healthcare

Care home

Care home investor Target Healthcare has revealed net asset value (NAV) nudged up to 105p a share, from 104.4p at the end of 2017, during the first quarter of this year, and produced a NAV total return for the period of 2.1%

In its latest update to the market the group also announced a 0.6% increase in like-for-like portfolio value, with its 53 assets now values at £341.4m, delivering an annualised rent roll of £23.6m from 49 operational properties.

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