Finance

NTA nudges up at Target Healthcare

By 2021-11-03T07:32:00

Target Healthcare

Target Healthcare has revealed a rise net tangible assets (NTA) and declared its first interim dividend of the year.

NTA for the three months to the end of September per share nudged up by 0.8% compared to the end of June to 111.3p, primarily reflecting valuation uplifts across the portfolio driven by modest yield compression and annual rental uplifts. NAV total return stood at 2.4% for the quarter.

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