Primary Health Properties PLC - London-based healthcare facilities investor - Buys Peak Health Solutions Ltd, whose sole asset is the Lambgates Health Centre in Glossop, Derbyshire. Primary Health pays GBP5 million to acquire Peak Health. The property is fully-let to a GP practice, "providing 100% government backed income". Company adds: "PHP's portfolio now comprises a total of 518 assets, of which 20 are in Ireland, with a contracted rent roll of overGBP139 million."
Current stock price: 150.30 pence
Year-to-date change: down 1.6%
By Eric Cunha; ericcunha@alliancenews.com
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Primary Health (PHP)