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IN BRIEF: Primary Health Properties buys property for GBP34.5 million

14th Apr 2022 10:49

Primary Health Properties PLC - London-based healthcare facilities investor - Acquires the Chiswick Medical Centre in London for a total of GBP34.5 million. Says the property is fully let to London-based healthcare provider HCA International Ltd with an unexpired term of just under 20 years and benefits from five-yearly annually compounded retail price index led rent reviews. Notes that this acquisition will increase its portfolio to 524 assets with a contracted rent roll of around GBP143 million.

Current stock price: 150.10 pence

12-month change: up 0.6%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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