Primary Health Property acquires Welsh medical centre

16th Jan 2014 09:44

Primary Health Properties, which invests in modern primary healthcare facilities, announced Thursday that its wholly-owned subsidiary had been contracted to fund the development of a new modern, purpose built medical centre in Wrexham, Wales. The total consideration for the acquisition was £2.25m. The centre will be wholly let to the Local Health Board on a 20-year lease term and is expected to be completed by the end of 2014, the group added. NR