Company summary
Target Healthcare REIT owns modern, purpose-built care homes across the UK and leases them to specialist care operators. Its income is supported by long leases, mainly inflation-linked rents and demand from an ageing population.
← Back to the 350
THRL
Target Healthcare REIT
Real Estate Investment Trusts
- Index
- FTSE 250
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Acquisition, ownership and asset management of care homes, long-term leasing to operators, selective disposals and redevelopment or improvement of properties.
Key markets
The United Kingdom elderly residential and nursing-care property market.
Key drivers
Rent collection, inflation-linked rent reviews, care-home occupancy, tenant financial health, property values, acquisitions, disposals and borrowing costs.
Key risks
Operator failures, care-sector staffing costs, regulation, property valuation falls, interest rates, rent collection problems and concentration in specialist property.
Recent Developments
2026 has seen significant portfolio recycling, including the disposal of nine care homes for £85.9m and reinvestment into newer assets, helping reduce leverage and improve portfolio quality. The latest quarterly report was issued on 11 August, with inflation-linked rental growth, operator strength and disciplined redeployment of sale proceeds central to the 2027 outlook.
Dividend notes
Target Healthcare REIT pays quarterly dividends. The 2026 annual target is 6.032p per share, equivalent to four 1.508p quarterly payments; the latest 1.508p dividend went ex-dividend on 13 August 2026 and is payable on 28 August.
The complete 350 Trade Book — 350 leading UK-listed companies, presented in one consistent working reference.