Modern and purpose-built dementia care homes prove an enticing investment

Care home investment company, Target Healthcare REIT, predicts increasing financial possibilities due to a growing demand for dementia and end-of-life care facilities.

The newly-launched company has been successful in raising £45.5m since March this year, attracting a wide range of investors and reporting a healthy share pricing, after targeting modern specifications within the dementia and end-of-life care market and acquiring 10 innovative care homes.

Now eager to grow its portfolio and get more quality facilities on board, the company believes that the growth in demand for these services means that modern care homes represent excellent investment opportunities, particularly those situated in areas where rival services find it hard to compete.

Managing partner, Kenneth MacKenzie, comments: “We are delighted to have successfully raised an additional £45.5m to facilitate the further growth of Target Healthcare REIT. We believe this reflects not only the positive demand drivers for acute elderly healthcare in the UK, but also the quality of the existing investment portfolio and supports our ethos of investing in modern, purpose-built care homes let to high quality operators with a strong focus on resident care.”

The company is currently focused on pursuing further assets across the UK, looking to further the success of investing in purpose-built accommodations that have resulted in share prices consistently traded at a premium to Net Asset Value.