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Pin to quick picksImpact Health Share News (IHR)

Share Price Information for Impact Health (IHR)

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Share Price: 86.60
Bid: 86.40
Ask: 86.90
Change: -2.20 (-2.48%)
Spread: 0.50 (0.579%)
Open: 88.80
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Impact Healthcare REIT is an Investment Trust

To seek to provide Shareholders with an attractive return, principally in the form of quarterly income distributions and with the potential for capital and income growth through exposure to a diversified portfolio of Healthcare Real Estate Assets.

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Impact Healthcare Reports Rise In Net Asset Value, Property Portfolio

Tue, 30th Jul 2019 15:05

(Alliance News) - Impact Healthcare REIT PLC said on Tuesday that net asset value rose quarter-on-quarter and its property value increased following a series of acquisitions.

In the quarter ended June 30, the company reported a quarterly net asset value rise to GBP299.9 million, or 104.67 pence per share, from GBP200.2 million, or 104.18p per share.

Impact said the value of its property portfolio rose 18% quarter-on-quarter to GBP271.6 million from GBP230.4 million. The company said the market value increase includes GBP35.9 million of completed acquisitions, GBP2.0 million invested in capital improvements in homes and a net value uplift of GBP3.3 million.

The firm declared a second quarter dividend of 1.54 pence per share, in line with the company's target of paying an annual dividend of 6.17p per share, 2.8% higher than last year.

Impact now has 3,924 operational beds across 79 residential care homes following the addition of eight properties to its portfolio during the quarter.

The company now owns the Kingston Court 74-bedroom care home in Carlisle, north west England and the 51-bedroom Birchlands nursing home in York, north east England.

Impact also added the Holmesley 52-bed care home in Devon, south west England and the 37-bed Old Prebendal home in Oxfordshire, south west England, to its property assets.

A portfolio of four care homes from operators Maria Mallaband and Countrywide Group with 270 operational beds was acquired by the company during the quarter.

In May, the company announced that it raised GBP100.0 million through an equity issue and in June, Impact was added to the FTSE EPRA/NAREIT Global Real Estate Index Series.

Chair Rupert Barclay said: "We are pleased to have made good progress in deploying the proceeds from our successful equity fundraise during the quarter while maintaining a disciplined approach to new investments. The group is continuing to make investments that are accretive to the overall property portfolio, continue to diversify our tenant and asset base and provide attractive, index-linked, long term sustainable income for our shareholders as well as the potential for income and capital growth.

"The investment manager continues to progress a strong identified pipeline of investment opportunities and asset management initiatives that will support our ability to deliver a growing dividend to shareholders while providing an environment in which our tenants can provide high quality care to their residents."

Shares in the company were flat at 113.00 pence each in London on Tuesday afternoon.

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30 Nov 2018 11:39

Impact Healthcare REIT Delays GBP150 Million Fundraise, Acquisition (ALLISS)

LONDON (Alliance News) - Impact Healthcare REIT PLC said Friday said it has decided to delay the acquisition of a portfolio of UK care homes and will consequently not proceed with a GBP150 million

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6 Nov 2018 10:39

Impact Healthcare REIT Buys 40-Bed Care Home In County Durham

LONDON (Alliance News) - Health-focused real estate investment trust Impact Healthcare REIT PLC said Tuesday it has acquired a 40-bed care home in County Durham for GBP1.4 million from Monarch in

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2 Nov 2018 10:55

Impact Healthcare acquires two new care homes in Glasgow

(Sharecast News) - Impact Healthcare has acquired two new care homes in Glasgow for £11.6m, reflecting an initial yield of 7.6%.

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2 Nov 2018 10:09

Impact Healthcare REIT Buys 2 Care Homes In Scotland For GBP12 Million

LONDON (Alliance News) - Impact Healthcare REIT PLC said Friday it has bought two care homes for GBP11.6 million, reflecting a net initial yield of 7.6%.The real estate investment trust on

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24 Oct 2018 11:27

Impact Healthcare eyes £150m fundraiser

(Sharecast News) - Real estate investment trust Impact Healthcare told investors on Wednesday that it was in advanced negotiations to acquire a portfolio of UK care homes, leading it to propose an equity fundraising to help it add the portfolio to its books.

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24 Oct 2018 11:10

Impact Healthcare To Meet Shareholders Over Proposed Cash Raise (ALLISS)

LONDON (Alliance News) - Impact Healthcare REIT PLC on Wednesday said it is mulling a GBP150 million fundraise, with the investment firm eyeing up a UK care home portfolio.Impact has used a

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23 Oct 2018 09:56

Impact Healthcare REIT Net Asset Value Rises In Third Quarter

LONDON (Alliance News) - Impact Healthcare REIT PLC said on Tuesday it saw a rise in net asset value and its portfolio value in the third quarter of its financial year.For the three months

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21 Sep 2018 11:23

Impact Healthcare REIT Buys Care Home For GBP3 Million

LONDON (Alliance News) - Impact Healthcare REIT PLC said Friday that it bought Yew Tree care centre from Monarch Alternative Capital LP for GBP2.8 million.The real estate investment trust a

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9 Aug 2018 11:34

Impact Healthcare Outperforms Benchmark In First Half-Year Since IPO

LONDON (Alliance News) - Impact Healthcare REIT PLC said Thursday it increased its net asset value per share in its first full six month period to the end of June.For the six months to June

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6 Aug 2018 11:35

Impact Healthcare Exchanges Contracts For Five Manchester Care Homes

LONDON (Alliance News) - Impact Healthcare REIT PLC said Monday it will acquire five Newcastle care homes from Monarch Alternative Capital LP.The real estate investment trust has exchanged

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18 Jun 2018 12:10

Impact Healthcare Signs GBP50 Million Loan Facility

LONDON (Alliance News) - Impact Healthcare REIT PLC said Monday it has signed a GBP50 million five-year loan facility with Metro Bank PLC.The real estate investment trust, which invests in

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23 May 2018 14:46

Impact Healthcare Buys Two Dementia Care Homes For GBP8 Million

LONDON (Alliance News) - Impact Healthcare REIT PLC on Wednesday said it purchased two care homes with a total of 138 beds for GBP8.3 million from Alpha Care Management Services Ltd.The the

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27 Apr 2018 13:16

Impact Healthcare Reports Rise In Quarterly Net Asset Value

LONDON (Alliance News) - Impact Healthcare REIT PLC on Friday reported a rise in first quarter net asset value and declared an unchanged interim dividend of 1.50 pence per share.The trust a

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26 Mar 2018 15:46

Impact Healthcare REIT Buys Bristol Care Home For GBP4.9 Million

LONDON (Alliance News) - Impact Healthcare REIT PLC said on Monday it has acquired, in a sale and leaseback transaction, a care home in Bristol for home a

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21 Mar 2018 15:13

Impact Healthcare REIT Posts GBP9 Million Pretax Profit

LONDON (Alliance News) - Impact Healthcare REIT PLC on Wednesday reported pretax profit of GBP9.4 million for the period from since inception, November 7, 2016,

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