Acquisition

RNS Number : 0467W

Primary Health Properties PLC

20 December 2013

 



News Release

20 December 2013

Primary Health Properties PLC

Primary Health Properties PLC ("PHP"), the UK's leading investor in modern primary healthcare facilities, announces that a wholly owned subsidiary has contracted to fund the development of and acquire a new modern, purpose built medical centre to be constructed in Nottingham. The total consideration will be £3.1 million (net assets acquired £3.1 million).

The centre will be wholly let to a 4 partner GP practice and a pharmacy operator, both on 21 year lease terms, and is expected to be completed in early 2015.

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

Further details:

Harry Hyman Managing Director Primary Health Properties PLC Tel: [phone]	Phil Holland Nexus TradeCo Limited Tel: [phone]
	Tim Walker-Arnott Nexus TradeCo Limited Tel: [phone]

 

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