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Company Primary Health Properties PLC
TIDM PHP
Headline

Acquisition

Released 07:26 10-Dec-2012
Number 1106T07

RNS Number : 1106T
Primary Health Properties PLC
10 December 2012
 



10 December 2012

Primary Health Properties PLC

 

Primary Health Properties PLC ("PHP"), one of the largest providers of modern primary healthcare facilities, announces that a wholly owned subsidiary has entered into a contract to acquire a modern, purpose built medical centre in Bearwood, Poole for approximately £3.6 million (net assets acquired £3.6 million). 

The construction of the building is to be completed shortly and it will be fully let and income producing on leases to a GP surgery, a pharmacy, a Co-Operative store encompassing two other retail units with a weighted average unexpired lease term of 19 years.

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

Deputy Managing Director

Nexus TradeCo Limited

Tel: 020 7451 7050

 


Tim Walker-Arnott

Property Director

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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Acquisition - RNS