Mar 14, 2025 / 09:00AM GMT
Kenneth MacKenzie - Target Healthcare REIT PLC - Chief Executive, Founder
Good morning. From a beautifully sunny and a bit frosty Scotland, where we're delighted to present to you, the results for the six months ended December '24 for Target Healthcare REIT. We have an additional member of the team with us today.
As we move slides, James MacKenzie joined us at the beginning of the year in the role of Head of Investor Relations, and we're delighted to have him with us. So James is joining Gordon and I to present the results, and you'll probably see more of him in the future. Let's get into some of the detail of Target Healthcare REIT. Many of you will remember quite a bit of this, but I think it's well worth a reminder. This is a portfolio of scale with really robust long rental income stream.
94 care homes in the portfolio today, just under 6,500 beds, over GBP60 million of rent, and the portfolio currently valued at the end of last year at GBP925 million, based on [net profit] topped up net initial yield of 6.2. And when we started Target Healthcare, we said that we thought it was
Half Year 2025 Target Healthcare REIT PLC Earnings Call Transcript
Mar 14, 2025
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers