Impact Healthcare REIT PLC - real estate investment trust focused on healthcare properties - 2020 net asset value per share rises 2.6% to 109.58 pence from 106.81p in 2019, while portfolio valuation increases by 31% to GBP418.8 million from GBP318.8 million. This is partially driven by the trust's contracted rent roll growing by 34% to GBP30.9 million from GBP23.1 million the previous year.
2020 pretax profit rises 9.3% to GBP28.8 million from GBP26.3 million in 2019, resulting in a final dividend payout of 6.29 pence per share, up 1.9% from 6.17p.
Looking ahead, Impact Healthcare says it remains well-capitalised and is confident the fundamental drivers of its industry and business remain "strong", despite the recovery slow from Covid-19.
"We are positioned to deliver further portfolio diversification and sustainable growth that will generate attractive returns for shareholders. At the same time, we will continue to responsibly deliver value to our tenants, their residents and healthcare professionals, over the long term," says Chair Rupert Barclay.
Current stock price: 112.72p
Year-to-date change: up 3.4%
By Zoe Wickens; zoewickens@alliancenews.com
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Impact Health (IHR)