Redomiciliation of Target Healthcare REIT and establishment of placing programme

Deal typeCapital Markets & Transaction Services
IndustryReal Estate
Client nameTarget Healthcare REIT plc

Target Healthcare REIT invests in high quality care home assets and is listed on the premium segment of the Official List.  

BDO acted as reporting accountant on the recent establishment of a placing programme of up to 125 new shares and the redomiciliation of Target Healthcare REIT from Jersey to the UK by the introduction of a new parent company to the group by means of a scheme of arrangement and the admission of that company to the premium segment of the Official List.  

Target Healthcare had a market capitalisation of £423.5m on completion of the transaction.