3rd Nov 2015 09:39
LONDON (Alliance News) - Primary Health Properties PLC on Tuesday said it has completed its pharmacy development project in South Wales and that it is progressing a pipeline of further projects.
The company has acquired a land plot adjoining its existing medical centre in Cowbridge, South Wales, and has developed a pharmacy unit which has been let to Lloyds Pharmacy for 17 years.
Primary Health said it has completed ten active management projects in the past 15 months and said it is progressing other projects in partnership with its healthcare tenants in order to enhance the quality of its properties.
"We continue to actively manage the properties in our portfolio in order to meet the ever increasing demand for modern, multi-disciplinary and flexible healthcare facilities, by refurbishing or extending our centres to meet GPs' and patients' needs. The active pipeline of projects also enables us to continue to maximise the value of our properties and extend the term of rental income, delivering value for investors," said Managing Director Harry Hyman.
By Sam Unsted; [email protected]; @SamUAtAlliance
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