Impact Healthcare has raised £40m through its latest equity issuance, missing the £50m target it set when announcing the deal last month.
The deal saw Impact sell 35,087,720 new shares at 114p each.
Chairman Rupert Barclay said: “The proceeds raised will assist us in funding in short order a significant proportion of our near-term attractive investment pipeline of standing assets, forward fundings and asset management capex commitments, which we expect to deliver further attractive inflation-protected income and capital growth for our shareholders.”
At the time the deal was announced, Impact said it had £69m of potential acquisitions in advanced legal discussions and a medium to longer-term investment pipeline valued at more than £290m.
To send feedback, e-mail tim.burke@eg.co.uk or tweet @_tim_burke or @EGPropertyNews
