Primary Health Properties PLC Acquisition (6901A)
24 2월 2014 - 4:00PM
UK Regulatory
TIDMPHP
RNS Number : 6901A
Primary Health Properties PLC
24 February 2014
News Release
24 February 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 with the Watkin Jones Group to
forward fund the development of a modern, purpose built health
centre in Chester city centre for a total consideration of GBP18.50
million. Jones Lang LaSalle acted for the vendor.
The scheme will provide integrated healthcare facilities and
accommodate 4 GP practices. It will be fully let on a single lease
to the GP's for 25 years, benefitting from three yearly fixed
rental uplifts. The centre is under construction and is expected to
reach completion by the end of 2014.
More information on Primary Health Properties PLC can be found
on www.phpgroup.co.uk
Further details:
Harry Hyman Phil Holland
Managing Director Nexus TradeCo Limited
Primary Health Properties PLC Tel: 020 7104 5599
Tel: 020 7451 7050
Tim Walker-Arnott
Nexus TradeCo Limited
Tel: 020 7104 5599
This information is provided by RNS
The company news service from the London Stock Exchange
END
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