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Primary Health Properties PLC (PHP.L)

PHP.L on London Stock Exchange

111.50GBp
26 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Primary Health Properties PLC announces acquisition
Wednesday, 25 Nov 2015 02:00am EST 

Primary Health Properties PLC:Says that it has contracted to fund and acquire purpose built medical centre to be developed in Swindon Town centre.Says net consideration for the property will be £10.0 million (net assets acquired £10.0 million).Says that a wholly owned subsidiary of PHP has contracted to provide development funding for the construction of a new primary care centre as part of the redevelopment of a large city centre site in Swindon, which will be wholly owned by PHP upon its completion.  Full Article

Primary Health Properties announces acquisition
Thursday, 2 Jul 2015 02:00am EDT 

Primary Health Properties PLC:Announces that it has contracted to acquire a purpose built health care property for a total consideration of 2.5 mln Pounds (net assets acquired 2.5 mln Pounds).A wholly owned subsidiary of PHP has contracted to acquire a newly built property, being constructed within the Macclesfield General District Hospital campus redevelopment.Upon completion the property will be fully let to East Cheshire NHS Trust for a 21 year term.The construction work is expected to be completed by Q4 2015.  Full Article

Primary Health Properties announces acquisitions
Wednesday, 1 Jul 2015 02:00am EDT 

Primary Health Properties PLC (PHP):Announces that it has contracted to acquire two modern, purpose built health care facilities for total consideration of 8.7 mln Pounds.PHP has acquired the entire share capital of a company whose sole asset and activity is the ownership of a medical centre located in Thornaby, North Yorkshire.The property is occupied by two GP practices, a pharmacy, optician and the NHS on leases that each have an unexpired term of 13.5 years.The company has been acquired with the benefit of an existing bank loan in the sum of 2.6 mln Pounds that carries interest at a rate of 1% above LIBOR.A wholly owned subsidiary of PHP has contracted to acquire the Jubilee Medical Centre in Croxteth, Liverpool.The centre is currently being extended and undergoing a complete refurbishment and will be acquired upon completion with the benefit of new 25 year lease to the incumbent GP partnership.The construction work is expected to be completed by Q4 2015.  Full Article

Primary Health Props announces property development funding and acquisition
Thursday, 23 Apr 2015 01:00am EDT 

Primary Health Properties PLC:Announces that a wholly owned subsidiary has contracted to fund the development of and acquire a new modern, purpose built medical centre to be constructed in East Anglia.Says the total consideration will be 6.7 million pounds (net assets acquired 6.7 million pounds).  Full Article

Primary Health Properties announces acquisition
Thursday, 26 Feb 2015 02:01am EST 

Primary Health Properties PLC:Announces that it has contracted to fund the development of and acquire two new modern, purpose built medical centres to be constructed near Cardiff, South Wales and Colwyn Bay, North Wales and to acquire a let standing investment in Wiltshire.The aggregate cost of the three properties will be 15.8 million Pounds and have been acquired from three separate vendors.The two forward funded deals are expected to be completed in the next 12 months and will be let for an average term of 20 years.The standing investment purchase has an average remaining lease term of 27 years.  Full Article

Primary Health Properties PLC approves interim dividend and appointment of Finance Director
Thursday, 19 Feb 2015 02:00am EST 

Primary Health Properties PLC:Approves payment of interim dividend of 10.0 pence per share.Payable on April 1.Register on Feb. 27.Appoints Phil Holland as Finance Director.  Full Article