Acquisition

RNS Number : 7702X

Primary Health Properties PLC

16 January 2014

 



News Release

16 January 2014

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 Wrexham. The total consideration will be £2.25 million (net assets acquired £2.25 million).

The centre will be wholly let to the Local Health Board on a 20 year lease term and is expected to be completed by the end of 2014.

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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