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MedicX Fund To Buy New-Build Medical Centre In Brynhyfryd, Swansea
LONDON (Alliance News) - MedicX Fund Ltd said Wednesday it has agreed to acquire, via forward funding, a new primary healthcare medical centre in Brynhyfryd, Swansea.
The property is due to be completed in January 2017. Once completed, it will be let to a GP practice, the Abertawe Bro Mogannwg University Health Board, and a pharmacist.
MedicX Fund said the total acquisition cost is GBP3.0 million.
This takes the company's total property portfolio to 150 properties throughout the UK and Ireland, 143 of which are operational and let, with seven under construction.
Shares in MedicX Fund were up 1.5% at 86.05 pence Wednesday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
Latest MXF News
- Primary Health Properties scores court sanction for MedicX merger
14 Mar 2019 - Primary Health Properties Gains Court Sanction For MedicX Merger (ALLISS)
14 Mar 2019 - MedicX Shareholders Vote To Approve Primary Health Properties Merger
1 Mar 2019 - MedicX Fund Reports Decrease In Net Asset Value In First Quarter
8 Feb 2019 - Primary Health Properties Agrees All-Share Merger With Medicx Fund
24 Jan 2019 - Primary Health Properties in ÂŁ2.3bn merger with MedicX Fund
24 Jan 2019 - Tuesday broker round-up
11 Dec 2018 - MedicX Fund Profit Rises In Full Year On Improved Rental Income
11 Dec 2018
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