Primary Health Properties (PHP) has agreed the acquisition of a large and modern primary care facility in the Republic of Ireland (RoI), its third to date, at a cost of €20m. Yields in the RoI remain noticeably ahead of those currently available in the UK despite some signs of competition. Acquisitions of c £70m since end-H1, and a current contracted rent roll of just over £73m, are in line with our forecasts for the year and sufficient to trigger investment adviser performan
18 Dec 2017
Primary Health Properties - Continuing to find acquisition opportunities
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Primary Health Properties - Continuing to find acquisition opportunities
Primary Health Properties PLC (PHP:LON) | 91.9 0.3 0.3% | Mkt Cap: 1,228m
- Published:
18 Dec 2017 -
Author:
Martyn King -
Pages:
5
Primary Health Properties (PHP) has agreed the acquisition of a large and modern primary care facility in the Republic of Ireland (RoI), its third to date, at a cost of €20m. Yields in the RoI remain noticeably ahead of those currently available in the UK despite some signs of competition. Acquisitions of c £70m since end-H1, and a current contracted rent roll of just over £73m, are in line with our forecasts for the year and sufficient to trigger investment adviser performan