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Primary Health Properties Acquires Wrexham Medical Centre For GBP2.3M

16th Jan 2014 11:52

LONDON (Alliance News) - Primary Health Properties PLC Thursday said one of its subsidiaries has contracted to buy and fund the development of a new medical centre in Wrexham, Wales, in a deal worth GBP2.3 million.

The healthcare facilities investor did not name the seller.

The centre, to be constructed by the end of the year, will be let to the Local Health Board on a 20-year lease term.

The stock was trading at 357.35 pence Thursday morning, up 1.35 pence or 0.4%.

By Anthony Tshibangu; [email protected]; @AnthonyAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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