10th Aug 2007 07:00
The MedicX Fund Limited10 August 2007 For immediate release 10 August 2007 MedicX Fund Limited ("MedicX Fund", "the Fund" or "the Company") Acquisition of New Site MedicX Fund, (LSE: MXF, LSE: MXFC), the specialist investor in modern purposebuilt primary healthcare properties, today announces that it has entered into aforward funding agreement to acquire a medical centre at Edgware which is due tobe completed by December 2007. The total acquisition cost of the property isanticipated to be £3.276 million. The initial rental income of the property willbe £200,340 per annum and the property has been valued by DTZ Debenham TieLeung, valuers to the MedicX Fund, at £3.400 million. This property forms part of the C share portfolio. The total property portfolionow comprises 42 properties: 35 Ordinary Share properties of which three areunder construction, and 7 C Share properties, of which three are underconstruction. End For further information please contact: MedicX Fund +44 (0) 1481 723450Alison Simpson, Director MedicX Group +44 (0) 1483 869500Keith Maddin, ChairmanMike Adams, Managing Director Buchanan Communications +44 (0) 20 7466 5000Charles Ryland / Lisa Baderoon / Mary-Jane Johnson This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Medicx Fund