Care REIT Company Description
Impact Healthcare REIT plc acquires, renovates, extends and redevelops high quality healthcare real estate assets in the UK and lets these assets on long-term full repairing and insuring leases to high-quality established healthcare operators which offer good quality care, under leases which provide the Company with attractive levels of rent cover.
The Company aims to provide shareholders with an attractive sustainable return, principally in the form of quarterly income distributions and with the potential for capital and income growth, through exposure to a diversified and resilient portfolio of UK healthcare real estate assets, in particular care homes for the elderly.
The Company's dividend policy is to maintain a progressive dividend that is covered by adjusted earnings.
On this basis, the target total dividend for the year ending 31 December 2024 is 6.95 pence per share, a 0.18 pence increase over the 6.77 pence in dividends paid or declared per ordinary share for the year ended 31 December 2023.
The Group's Ordinary Shares trade on the main market of the London Stock Exchange, premium segment. The Company is a constituent of the FTSE EPRA/NAREIT index.
Country | United Kingdom |
Founded | 2016 |
Industry | REIT - Healthcare Facilities |
Sector | Real Estate |
Contact Details
Address: The Scalpel, 18th Floor London, EC3M 7AF United Kingdom | |
Phone | 44 20 7409 0181 |
Website | impactreit.uk |
Stock Details
Ticker Symbol | CRT |
Exchange | London Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | GBP |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Mahesh Shivabhai Patel A.C.A. | Managing Partner of Impact Health Partners LLP |
Andrew Cowley M.A. | Managing Partner of Impact Health Partners LLP |
David Yaldron F.C.A. | Finance Director of Impact Health Partners LLP |
Killian Currey-Lewis C.A. | Investment Director of Impact Health Partners LLP |
Chris Nicholson CGMA | Accountant |
Martin Robb | Managing Director of Impact Health Partners LLP |