Published on Nov 1, 2016
Target Healthcare are specialist investors in new and nearly-new, purpose built UK care homes and other health care assets.
Speaking to Proactive, managing partner Kenneth MacKenzie said: ''We're a long-term income fund investing in the elderly care sector. One of the fundamentals of elderly care in the UK is that there's a limited amount of really good stock and we only buy in that part of the market''.
''The number of over-85s in the UK doubles in the next 20 years so a lot more care homes are required'', MacKenzie said.
Asked about Target Healthcare's plans for 2017 he added: ''More of the same. We are seeking to be a long-term boring income fund. We're the longest income fund in the UK ... we have 29+ years of income in front of us so we're not trying to be exciting, we're not trying to knock the socks off capital values.''
http://www.4-traders.com/TARGET-HEALTHCARE-REIT-LT-12753146/
www.targethealthcarereit.co.uk/
Speaking to Proactive, managing partner Kenneth MacKenzie said: ''We're a long-term income fund investing in the elderly care sector. One of the fundamentals of elderly care in the UK is that there's a limited amount of really good stock and we only buy in that part of the market''.
''The number of over-85s in the UK doubles in the next 20 years so a lot more care homes are required'', MacKenzie said.
Asked about Target Healthcare's plans for 2017 he added: ''More of the same. We are seeking to be a long-term boring income fund. We're the longest income fund in the UK ... we have 29+ years of income in front of us so we're not trying to be exciting, we're not trying to knock the socks off capital values.''
http://www.4-traders.com/TARGET-HEALTHCARE-REIT-LT-12753146/
www.targethealthcarereit.co.uk/
Spot the difference. Before and after - we love it when a plan comes together! pic.twitter.com/bwp7DMpvtO— Target (@TargetAdvisers) October 28, 2016
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