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Primary Health Props (PHP)

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Wednesday 19 September, 2012

Primary Health Props

Acquisition

RNS Number : 5802M
Primary Health Properties PLC
19 September 2012
 



 

News Release

 

 

19 September 2012

 

 

 

 

Primary Health Properties PLC

 

Primary Health Properties PLC ("PHP"), one of the largest providers of modern primary healthcare facilities, announces a wholly owned subsidiary has contracted to fund the development of and acquire a new modern, purpose built medical centre to be constructed in Stourbridge, West Midlands.

 

The property will be wholly let to a 10 GP practice for a 25 year term and will cost PHP £8.5 million (net assets acquired £8.5 million).  The centre is expected to be completed in the second half of 2013.

 

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: 020 7451 7050

Phil Holland

Nexus TradeCo Limited

Tel: 020 7451 7050

 


Tim Walker-Arnott

Nexus TradeCo Limited

Tel: 01483 749033

 







 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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