Acquisition

RNS Number : 6935M

Primary Health Properties PLC

27 May 2010

 



News Release

27^th May 2010

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 Oswestry, Shropshire for approximately £8.8 million (net assets acquired £8.8 million).  The building will be let to Shropshire County PCT for occupation by themselves and a GP Practice. The building is expected to be completed in mid 2011.

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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