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Primary Health Properties Signs Deal For East Anglia Medical Centre

23rd Apr 2015 07:54

LONDON (Alliance News) - Primary healthcare investor Primary Health Properties PLC on Thursday said it has struck a deal to fund the development of, and acquire, a purpose-built medical centre in East Anglia.

Primary Health will pay a total of GBP6.7 million to acquire the centre, which will be let to a GP partnership and a pharmacy operator on a a 25-year lease. The deal is expected to be completed in the second quarter of 2015.

Shares in Primary Health were up 0.6% to 402.00 pence on Thursday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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