Primary Health Props: Acquisition | Company Announcements

Monday 14 December, 2009

Primary Health Props

Acquisition

RNS Number : 0550E

Primary Health Properties PLC

14 December 2009

Primary Health Properties PLC

Primary Health Properties PLC ("PHP") announces that a subsidiary has entered into purchase and funding agreements for the acquisition of a new medical centre in Shefford, Bedfordshire for approximately £5.5 million (net assets acquired £5.5 million). The building will be let to Bedfordshire PCT for occupation by a GP Practice and Bedfordshire PCT. The building is expected to be completed in late 2010.

More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk

Further details:

Harry Hyman

Managing Director

Primary Health Properties PLC

Mobile: 07973 344768

Tim Walker-Arnott

Director

Nexus Property Management Services Ltd

Tel: 01483 749033

Mobile: 07850 797481

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQUSSRRKORUAAA

Investegate takes no responsibility for the accuracy of the information within the site.

The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filitered from this site.