Impact Healthcare plans £50m fund raise

Tim Burke | Print

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Impact Healthcare REIT, an investment firm focused on care homes, plans to raise £50m through a share placing to fund new investments. Rupert Barclay, Impact’s chairman, said the deal would let the company “capitalise on its pipeline of attractive, near-term opportunities”, adding that it would continue to “exercise robust capital discipline and be very selective about the tenants" with whom it decides to enter into long-term partnerships with. Impact raised £100m in May, which it has now invested. The company said it has 11 properties, with a combined value of more than £60m, under exclusivity. These include a portfolio of