Impact Healthcare Reit Plc

3.20 (3.26%)
Share Name Share Symbol Market Type Share ISIN Share Description
Impact Healthcare Reit Plc LSE:IHR London Ordinary Share GB00BYXVMJ03 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  3.20 3.26% 101.40 1,293,030 16:35:02
Bid Price Offer Price High Price Low Price Open Price
98.50 99.00 99.00 97.10 97.90
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trust 42.95 16.89 4.20 24.60 420.17
Last Trade Time Trade Type Trade Size Trade Price Currency
18:05:18 O 10 101.40 GBX

Impact Healthcare Reit (IHR) Latest News

Smart Money!
IHR is a large holding in the following funds:
 Fund  Percentage of Fund  Last Updated 
 Downing ONE VCT plc 1.60% 2021-06-30

Impact Healthcare Reit (IHR) Discussions and Chat

Impact Healthcare Reit Forums and Chat

Date Time Title Posts
31/5/202317:14Impact Healthcare119

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Impact Healthcare Reit (IHR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-05-31 17:05:52101.401010.14O
2023-05-31 17:05:52101.4088.11O
2023-05-31 17:02:0297.15908882.16O
2023-05-31 17:00:3597.154,5984,467.14O
2023-05-31 16:49:01101.405,1145,185.60O

Impact Healthcare Reit (IHR) Top Chat Posts

Top Posts
Posted at 25/4/2023 09:36 by gbcol
NAV up in qtr with property valuations up a tad. NAV now at 112.60p

-- Unaudited net asset value ("NAV") as at 31 March 2023 was GBP466.6 million, 112.60 pence per share. This represents an increase of GBP20.6 million (2.43 pence per share), against the 31 December 2022 NAV of GBP445.9 million, 110.17 pence per share.”

Posted at 23/1/2023 10:51 by rhatton
What are expectations of dividends this year? Share pad showing 1.7p per quarter?
Posted at 21/10/2022 08:41 by 18bt
Strong update showing just what value exists in the share at the current share price
Posted at 10/10/2022 07:36 by cwa1
10 October 2022

Impact Healthcare REIT plc

("Impact" or the "Company" or, together with its subsidiaries, the "Group")


The Board of Directors of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which gives investors exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, is pleased to announce that the Group has sold a non-core care home for GBP2.65 million, 4 per cent. above the latest book value as at 30 June 2022.

Impact has completed on the sale of Attlee, a 68 bed care home in Wakefield, acquired as part of the seed portfolio in March 2017. The home was not a long-term strategic asset for Impact or the tenant, Minster Care Management Limited ("Minster") and as part of the Group's active portfolio management strategy, was jointly marketed.

As part of the sale Impact has entered into a lease surrender with Minster for nil consideration. Minster is deemed to be a related party of the Company under the Listing Rules. The lease surrender with Minster is therefore deemed to be a smaller related party transaction for the purposes of Listing Rule 11.1.10R and this announcement is therefore made in accordance with Listing Rule 11.1.10R(2)(c).

Posted at 05/9/2022 07:37 by 18bt
Ultimately care home fees are going to have to rise along with the price of everything else. For a lot of families, they have little choice but to pay.
Posted at 16/8/2022 07:11 by cwa1
Half year results are out:-


Rupert Barclay, Chairman of Impact Healthcare REIT plc, commented:

"We are a responsible long-term owner of a diversified and resilient portfolio of well run and financially stable care homes that have established care quality and financial track records. W e lease them on long-term leases to tenants who we partner with to ensure high ongoing operational standards and care.

Against a challenging and uncertain backdrop, our business continues to demonstrate its high level of in-built resilience, underpinned by a sector that is largely uncorrelated with the wider economy. This is demonstrated by our 100% collection of rent since our IPO in March 2017, with no lease variations, and a healthy rolling 12-month rent cover of 1.85x(2) . This underlines our tenants' ability to manage the inflationary challenges in the current economic environment.

This has helped us to deliver a strong set of results for the first half of 2022, with our NAV per share up 3.3% and NAV up 13.7% since 31 December 2021, profit before tax up 88% on the same period in 2021, and progressive inflation-linked dividends declared for the period well covered by earnings. We delivered a total accounting return for the six-month period of 6.2%, and we are well placed to deliver our 9% per annum medium-term total accounting return target(1) .

These robust results are primarily driven by the market value uplifts received on our portfolio, underpinned by our inflation-linked rent reviews, stable operator performance and our maintenance of a conservatively managed balance sheet.

The Group is well positioned to continue to deliver attractive sustainable returns to shareholders through its covered progressive dividend, further strong capital growth potential and value creation capabilities of our resilient portfolio for the benefit of all our stakeholders. "

Posted at 06/7/2022 10:45 by catch007
I did not subscribe this time round last fund raise was very recent. Lacklustre amount raised confirms unattractive price, poor timing and lack of appetite from investors imho.
Posted at 06/7/2022 07:54 by cwa1
Not a resounding success unfortunately:-

Results of the Placing and Offer for Subscription

Further to the Company's announcement on 22 June 2022, the Board of Directors (the "Board") of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which provides investors with exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, announces that its Placing and Offer for Subscription have raised total gross proceeds of approximately GBP22.3 million through the issue of 19,032,420 New Ordinary Shares at a price of 117 pence per share . 17,316,722 of these shares will be issued via the Placing and 1,715,698 shares will be issued via the Offer for Subscription.

Application has been made for the New Ordinary Shares to be admitted to the premium segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's main market for listed securities ("Admission"). It is expected that Admission will take effect, and dealings in the New Ordinary Shares will commence, at 8.00 a.m. (London time) on 8 July 2022.

Rupert Barclay, Chairman of Impact Healthcare REIT plc, said:

"I would like to thank new and existing shareholders for their support in this fundraise, which will help to grow further our inflation linked, long leased REIT. Whilst equity capital market conditions remain challenging, the proceeds of this fundraise will allow the Company to progress its acquisition pipeline as well as allowing further scope to invest into additional accretive asset management initiatives, thereby modernising, extending and improving homes in the portfolio for the benefit of shareholders, tenants and their underlying residents. "

Immediately following Admission, the Company will have 404,764,328 ordinary shares in issue and therefore the total voting rights in the Company will be 404,764,328. This figure may be used by shareholders as the denominator for the calculations by which they may determine whether or not they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Terms not otherwise defined in this announcement have the meanings given to them in the announcement published by the Company on 22 June 2022.

Posted at 22/6/2022 07:57 by speedsgh
~ Proposed placing/offer for subscription at 117p to help fund purchase of 6 portfolios (comprising 27 separate care homes) for approx £169m.
~ Placing price represents 1.8% premium to 114.93p unaudited NAV as at 31/3/22.
~ Placing shares will be eligible for next quarterly dividend to be declared in Aug. ~ 6.54p target total dividend for FY22 (offering 5.6% yield on placing price).
~ IHR has history of paying covered dividends.

Proposed Placing and Offer for Subscription - HTTPS://www.investegate.co.uk/impact-healthcare--ihr-/rns/proposed-placing-and-offer-for-subscription/202206220700077178P/

Posted at 17/2/2022 08:06 by cwa1
Slightly better than I had expected given market wobbles and the share price being around the offer price, so no big incentive to buy. Onwards and hopefully upwards in time...
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