Medicx Fund Regulatory News (MXF)

26 Jan 2007 09:34

The MedicX Fund Limited26 January 2007 For immediate release 26 January 2007 MedicX Fund Limited ("MedicX Fund", "the Fund" or "the Company") Acquisition Completion MedicX Fund, the specialist investor in modern purpose built primary healthcareproperties, which on 2 November 2006 listed on the Official List of the LondonStock Exchange today announces that it has completed, via its subsidiary MedicXProperties I Ltd, its conditional purchase of Wisbech primary care centre fromNJ Arnold for £6.00 million. The current rent of the property is £332,850 perannum and has been valued by DTZ Debenham Tie Leung, valuers to the MedicX Fundat £6.05 million net of 5.75% purchaser costs. This completes the 12 propertiesacquired from NJ Arnold and announced on 27 December 2006. End For further information please contact: MedicX Group +44(0) 1252 704 272 Keith Maddin, Chairman Mike Adams, Managing Director Buchanan Communications +44 (0) 20 7466 5000 Charles Ryland / Lisa Baderoon / Mary-Jane Johnson This information is provided by RNS The company news service from the London Stock Exchange