IHR Impact Healthcare REIT PLC

Impact Healthcare REIT (IHR): Successfully growing with tenants

Edison Investment Research Limited
Impact Healthcare REIT (IHR): Successfully growing with tenants

11-May-2022 / 07:00 GMT/BST


 

London, UK, 11 May 2022

 

Impact Healthcare REIT (IHR): Successfully growing with tenants

Impact Healthcare REIT’s recent results provided strong evidence of the robustness of its strategy and the resilience of its tenants. Indexed rent uplifts and an historical ability of operators to pass inflation pressures through to fee increases provides inflation protection, and the prospects for further organic growth. Meanwhile, capital is available to fund accretive acquisitions and asset management investment.

 

FY22e DPS represents an attractive yield of 5.2%, with strong prospects for fully covered dividend growth (on both an EPRA basis and an adjusted ‘cash’ basis) from acquisitions and predominantly RPI-indexed rent uplifts. This supports a c 11% premium to FY21 NAV per share.

 
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