Acquisition

RNS Number : 6813K

Primary Health Properties PLC

23 December 2008

 



23 December 2008

Primary Health Properties PLC 

Primary Health Properties PLC ("PHP") announces that a subsidiary has entered into purchase and funding agreements for the acquisition of a new medical centre in Treharris, Mid Glamorgan, South Wales, for approximately £4.4 million (net assets acquired £4.4 million). The building will be let to two local NHS Trusts for occupation by GP Practices, and to Treharris Communities First, a pharmacy and the Rhondda CynonTaff Local Health Board and is expected to be completed in Spring 2010.

More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk

Further details:

Harry Hyman                                         Tim Walker-Arnott 

Managing Director                                 Director

Primary Health Properties PLC              Nexus Property Management Services Ltd

Mobile: [phone]                          Tel: [phone]

                                                             Mobile: [phone]

 

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