For immediate release 8 February 2010
MedicX Fund Limited
("MedicX Fund", "the Fund" or "the Company")
Completion of a new medical centre in Abergele
MedicX Fund, (LSE: MXF) , the specialist primary care infrastructure investor in modern, purpose-built, primary healthcare properties in the United Kingdom, today announces that it has successfully completed the new medical centre in Abergele that was under construction.
The property is let to one GP surgery for an initial term of 20 years with an aggregate rent of £216,830 per annum.
The total property portfolio of the MedicX Fund now comprises 50 properties throughout the United Kingdom.
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For further information please contact:
MedicX Fund +44 (0) 1481 723 450
David Staples, Chairman
MedicX Group +44 (0) 808 2025461
Keith Maddin, Chairman
Mike Adams, Chief Executive Officer
Mark Osmond, Chief Financial Officer
Buchanan Communications +44 (0) 20 7466 5000
Charles Ryland / Lisa Baderoon / Miranda Higham
Information on MedicX Fund Limited
MedicX Fund Limited ("MXF", the "Fund" or the "Company", or together with its subsidiaries, the "Group") is the specialist primary care infrastructure investor in modern, purpose-built primary healthcare properties in the United Kingdom, listed on the London Stock Exchange, with a portfolio comprising 50 properties.
The Investment Adviser to the Company is MedicX Adviser Ltd, which is authorised and regulated by the Financial Services Authority and is a subsidiary of the MedicX Group. The MedicX Group is a specialist investor, developer and manager of healthcare properties with 33 people operating across the UK.
The Company's website address is www.medicxfund.com