Care REIT, the investment firm formerly known as Impact Healthcare REIT, has seen rental income rise across its portfolio.
In a trading update for the three months to the end of 2024, the company said contracted annual rent had increased to £51.4m, with the portfolio 100% let and all rent for the quarter paid.
It added that rent cover for the quarter is 2.3x and that the team estimates that the full-year rent cover will be 2.2x, up from 2x in 2023.
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