Assura completes Kidderminster purchase agreement

RNS Number : 6721Y

Assura Group Limited

03 December 2014

 



3 December 2014

Assura Group Limited

Assura completes Kidderminster purchase agreement

Assura Group Limited, the UK's leading primary care property investor and developer, today confirms that it has reached legal completion of the forward purchase and funding agreement for the Kidderminster Primary Care Centre, which will provide a 2,203m² modern community health centre. The £6.6m investment is due to be completed by June 2016.

The key services delivered will be from two GP practices and a pharmacy along with outpatient and community healthcare provision. The tenants have signed Agreements for Lease for 30 years from completion.

This is the first of the four further schemes, as announced on 6 November, agreed with the vendors of Metro.

- Ends -

For more information, please contact:

Assura Group Limited	Tel: [phone]
Graham Roberts Jonathan Murphy Carolyn Jones
Finsbury	Tel: [phone]
Gordon Simpson

Notes to Editors

Assura Group is a long-term investor in and developer of primary care property.  The company, headquartered in Warrington and listed on the London Stock Exchange, works with GPs, health professionals and the NHS to create innovative property solutions in order to facilitate delivery of high quality patient care in the community.  At 30 September 2014, Assura Group's property portfolio was valued at £809m.

Further information is available at www.assuragroup.co.uk.

 

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