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Primary Health Properties completes first of two conditional medical centre purchases

Last month, PHP acquired a portfolio of 20 purpose-built medical centres and conditionally agreed to buy two more, one of which has now been purchased

Primary Health Properties PLC -

Primary Health Properties PLC (LON:PHP) has completed the first of two conditional purchases of medical centres mentioned in its May 11 announcement.

The acquisition price was £3.3mln; Primary Health has previously indicated that the purchase of both centres would cost £6.9mln, before costs.

READ Primary Health Properties expands with purchase of twenty medical centres



Quick facts: Primary Health Properties PLC

Price: 145.2 GBX

Market: LSE
Market Cap: £1.91 billion

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on 07/30/2020

2 min read