MedicX Fund Buys Dublin Primary Care Property For EUR8 Million

LONDON (Alliance News) - Primary care infrastructure investor MedicX Fund Ltd on Wednesday said it has struck a forward-funding deal to acquire a new property in Crumlin, a suburb of Dublin, for EUR8.0 million.

The property is due to be completed by January 2017 and will be let to the Health Service Executive, a group of GPs and associated medical service providers in Ireland.

The group will lease the building for 25 years.

MedicX shares were up 0.2% to 86.70 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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