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MedicX Fund Signs Forward Funding Deal For Anglesey Medical Centre

5th Jun 2015 07:27

LONDON (Alliance News) - MedicX Fund Ltd on Friday said it has signed a forward funding deal to buy a primary healthcare medical centre in Anglesey in Wales for GBP2.9 million.

The acquisition is being made under MedicX's framework with General Practice Investment Corp, signed in 2013.

The centre is due to be completed in May 2016 and will be let to a GP practice and the Betsi Cadwaladr University Local Health Board on 20-year leases.

Shares in MedicX were up 0.6% to 82.467 pence Friday morning.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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