Subsidiary's Funding for Medical Centre Purchase

Primary Health Properties PLC 30 November 1999 PRIMARY HEALTH PROPERTIES PLC ('PHP') Primary Health Properties PLC ('PHP') announces that its wholly owned subsidiary Primary Health Investment Properties Limited has entered into a forward purchase and funding agreement with Brackley Investments Limited to acquire a new medical centre to be constructed in Sale, Cheshire for £1,330,000 (net assets acquired £1,330,000) with an anticipated rent roll of some £108,000 per annum. The building will be let to a 6 doctor practice and a pharmacy. Further details : Harry Hyman Adam Dalgleish Managing Director Director Primary Health Properties PLC Primary Health Properties PLC Tel : 01483 306912 Tel : 01483 306912 Mobile : 0973 344768 Mobile : 0976 753168
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