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Acquisition

16th Jan 2014 07:00

RNS Number : 7702X
Primary Health Properties PLC
16 January 2014
 



 

News Release

 

 

16 January 2014

 

 

 

 

Primary Health Properties PLC

 

Primary Health Properties PLC ("PHP"), the UK's leading investor in modern primary healthcare facilities, announces that a wholly owned subsidiary has contracted to fund the development of and acquire a new modern, purpose built medical centre to be constructed in Wrexham. The total consideration will be £2.25 million (net assets acquired £2.25 million).

 

The centre will be wholly let to the Local Health Board on a 20 year lease term and is expected to be completed by the end of 2014.

 

More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk

 

 

Further details:

 

Harry Hyman

Managing Director

Primary Health Properties PLC

Tel: 020 7451 7050

Phil Holland

Nexus TradeCo Limited

Tel: 020 7104 2004

 

Tim Walker-Arnott

Nexus TradeCo Limited

Tel: 020 7104 2056

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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