The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

MedicX Fund To Acquire Primary Healthcare Centre For GBP4.8 Million

Mon, 28th Jul 2014 09:07

LONDON (Alliance News) - MedicX Fund Ltd said Monday that it has contracted to acquire a primary healthcare medical centre in Middlesbrough, North Yorkshire for GBP4.8 million

The specialist primary care infrastructure investor in UK primary healthcare properties said the property is currently let to two GP practices, a pharmacy and a dentist.

MedicX Fund's property portfolio now comprises of 134 properties throughout the UK; 128 of these are operational and fully let, six are under construction. The annualised rent roll for all properties is now GBP32 million, said the company.

Shares in MedicX Fund were trading 0.48% higher at 82.9 pence per share Monday morning.

By Alice Attwood; aliceattwood@alliancenews.com; @AliceAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.

Related Shares

More News
14 Mar 2019 12:19

Primary Health Properties scores court sanction for MedicX merger

(Sharecast News) - Primary Health Properties on Thursday confirmed that its all-share merger with MedicX Fund Ltd has been court approved.

14 Mar 2019 11:57

Primary Health Properties Gains Court Sanction For MedicX Merger (ALLISS)

LONDON (Alliance News) - Healthcare-focused property investor Primary Health Properties PLC said on Thursday that the court has approved of the all-sh...

1 Mar 2019 18:40

MedicX Shareholders Vote To Approve Primary Health Properties Merger

LONDON (Alliance News) - MedicX Fund Ltd on Friday said shareholders had approved its all-share merger with Primary Health Properties PLC.PHP and Medi...

8 Feb 2019 10:15

MedicX Fund Reports Decrease In Net Asset Value In First Quarter

LONDON (Alliance News) - MedicX Fund Ltd on Friday said its net asset value per share declined marginally in the first quarter of its current financia...

24 Jan 2019 08:56

Primary Health Properties Agrees All-Share Merger With Medicx Fund

LONDON (Alliance News) - Primary Health Properties PLC said Thursday it will merge with Medicx Fund Ltd to create a healthcare property firm with almo...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.