TIDMPHP

RNS Number : 4121N

Primary Health Properties PLC

28 July 2014

News Release

28 July 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 Flintshire, North Wales. The completed property will cost GBP3.5 million (net assets acquired GBP3.5 million).

The centre is expected to be completed by the end of 2015 and will be let to the Local Health Board and a 4 partner GP practice both on 20 year lease terms.

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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