Primary Health Properties PLC Acquisition (8864R)
15 December 2016 - 7:00AM
UK Regulatory
TIDMPHP
RNS Number : 8864R
Primary Health Properties PLC
15 December 2016
15 December 2016
Primary Health Properties PLC
Primary Health Properties PLC ("PHP"), the UK's leading investor
in modern primary healthcare facilities, announces that it has
acquired a standing let investment property situated in
Macclesfield. The net consideration for the property will be
GBP10.1 million (net assets acquired GBP10.1 million).
A wholly owned subsidiary of PHP has acquired New Alderley
House, Macclesfield, a property comprising of 3,200m(2) wholly let
to East Cheshire NHS Trust and NHS Property Services for a
remaining term of 16 years. New Alderley House adjoins the
Macclesfield District General Hospital campus and provides
accommodation for a range of primary care services and NHS
administration operations.
This acquisition increases PHP's portfolio to a total of 295
assets, including one property in the Republic of Ireland, with a
gross value of GBP1.2 billion.
More information on Primary Health Properties PLC can be found
on www.phpgroup.co.uk
Further details:
Harry Hyman Phil Holland
Managing Director Finance Director
Tel: +44 (0) 20 7451 Tel: +44 (0) 20 7104
7050 5599
David Austin
Nexus TradeCo Limited
Tel: +44 (0) 20 7104
5599
David Rydell / Elizabeth
Snow
Eve Kirmatzis
Bell Pottinger
T +44 (0) 20 3772 2562
This information is provided by RNS
The company news service from the London Stock Exchange
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December 15, 2016 02:00 ET (07:00 GMT)