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MedicX Fund Ltd Announces Acquisition Of New Primary Healthcare Centre

Tuesday, 9 Jul 2013 03:43am EDT 

MedicX Fund Ltd announced that it has contracted to acquire a new primary healthcare medical centre in Wigston, Leicestershire which is due to be completed in July 2014. This is the first scheme MedicX Fund has purchased under the framework agreement with General Practice Investment Corporation (GPI) which was agreed in May 2013 at the time of the acquisition of GPG No.5 Limited. The property will be let to one GP practice and a pharmacy, both on 21 year leases subject to three-yearly rent reviews. The total acquisition cost of the property is anticipated to be GBP6.0 million. 

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