Primary Health Properties acquires medical centre

Primary Health Properties (PHP) has bought a medical centre in Swindon taking the value of portfolio to £1.375bn. A wholly-owned subsidiary of PHP has acquired the 1,446m2 Moredon Medical Centre (net assets acquired £6.1m) – a standing let investment property let to the Moredon Medical Centre Partnership under a long-term government backed lease agreement. A…

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