8th Feb 2024 16:19
(Alliance News) - Assura PLC on Thursday said it was well placed to benefit from the growing pressures on the National Health Service highlighting strong demand for healthcare buildings.
The Altrincham, England-based primary care property investor and developer on Thursday is hosting a capital markets presentation and site tour for analysts and institutional investors.
Chief Executive Jonathan Murphy said: "There is significant demand for high-quality, sustainable healthcare buildings in a community setting to alleviate the considerable and growing pressures facing the NHS whilst improving the significantly underinvested existing estate."
"Each of these emerging areas is closely aligned with Assura's existing portfolio to relieve pressure on the health system; has attractive investment characteristics with a strong underlying tenant covenant and offers opportunities for future growth, which Assura is well placed to capture."
Assura said it has identified several areas of emerging opportunities (NHS Trusts, private providers, mental health and Ireland) that are now becoming meaningful contributors to its portfolio, rental income and cash flow.
No new material trading information will be disclosed at the event.
Shares in Assura fell 0.3% to 43.20 pence in London on Thursday.
By Jeremy Cutler, Alliance News reporter
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