BDO.LiveSite.Deals.DealTypeCapital markets & Transaction Services
BDO.LiveSite.Deals.IndustryReal Estate
BDO.LiveSite.Deals.ClientNameTarget Healthcare REIT plc
Target Healthcare REIT invests in care home real estate assets. It has developed a portfolio that currently comprises 73 purpose built care homes together with three pre-let sites under development. It has raised £60m in an upsized and oversubscribed initial placing, offer for subscription and intermediaries offer under a newly established placing programme, with the proceeds to be used to complete a number of acquisitions which it is in the advanced stages of negotiating.
BDO acted as reporting accountant on this equity fundraise.