Property Acquisition

RNS Number : 4121N

Primary Health Properties PLC

28 July 2014

 



News Release

28 July 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 Flintshire, North Wales.  The completed property will cost £3.5 million (net assets acquired £3.5 million).

The centre is expected to be completed by the end of 2015 and will be let to the Local Health Board and a 4 partner GP practice both on 20 year lease terms.

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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