LONDON (Alliance News) - Primary healthcare investor Primary Health Properties PLC on Thursday said it has struck a deal to fund the development of, and acquire, a purpose-built medical centre in East Anglia.
Primary Health will pay a total of GBP6.7 million to acquire the centre, which will be let to a GP partnership and a pharmacy operator on a a 25-year lease. The deal is expected to be completed in the second quarter of 2015.
Shares in Primary Health were up 0.6% to 402.00 pence on Thursday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Primary Health (PHP)