Last checked at 10 Apr 2019 13:29
Edison Investment Research Limited Edison issues outlook on Primary Health Properties (PHP) 10-Apr-2019 / 13:28 GMT/BST London, UK, 10 April 2019 Edison issues outlook on Primary Health Properties (PHP) Primary Health Properties' (PHP's) all-share merger with MedicX completed as planned on 14 March 2019, creating the leading primary healthcare investor in the UK and the Republic of Ireland. Our earnings forecasts immediately benefit from cost efficiencies, while the combination of two high-quality portfolios creates a scale platform, well placed to profitably address the substantial investment needs of the primary healthcare sectors in both countries. PHP offers an attractive and growing dividend, fully covered by earnings. Income visibility is strong, with revenues supported by secure, long-term income, substantially subject to upward-only review, with little exposure to the economic cycle, or fluctuations in occupancy. The complementary nature of the merger and added scale enhance future growth prospects.Click here to view the full report. All reports published by Edison are available to download free of charge from its websitewww.edisongroup.com About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting. Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities. For more information please contact Edison: Martyn King, +44 (0)20 3077 5745Andrew Mitchell, +44 (0)20 3681 2500financials@edisongroup.com Learn more at www.edisongroup.com and connect with Edison on:LinkedIn https://www.linkedin.com/company/edison-investment-research Twitter www.twitter.com/Edison_Inv_ResYouTube www.youtube.com/edisonitv Dissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement. |
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corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.