Impact Healthcare’s net asset value has fallen by 5.5% over the year to £446m.
The valuation, which equates to 110.17p per share, is a fall of £26m since the September valuation of £472m.
In a Q4 trading update, Impact said it suffered a 6.42% revaluation loss across its portfolio. The portfolio stood at £532.5m in December, down from £543m in September.
However, contracted rents remain flat at £43.1m, with the disposal of one home offset by rises from 16 rent reviews. Impact said that since the end of the period rents had risen to £47m, following the acquisition of six care homes earlier this month.
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