Caretrust Reit, Inc. rose 1.79% in after-hours trading, driven by strong investment performance in the UK senior housing and care home sector. Savills reported that the sector saw £1.5 billion deployed in the first half of the year, with care homes leading the charge due to robust private pay pricing and improved operator performance. Additionally, CareTrust REIT's acquisition of CareREIT and the merger of UK REIT Assura with PHP, which received a 63% majority vote from shareholders, further bolstered investor confidence in the stock.
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