Primary Health Properties Stock News

Primary Health Properties PLC (LSE:PHP, OTC:PHPRF), the UK and Ireland healthcare property investor, has agreed financial terms and completed due diligence on its joint venture transactions, with proceeds from asset sales set to pay down debt. PHP has made further progress on its joint venture transactions since July, with financial terms agreed and due diligence complete, and will provide a fu...

Primary Health Properties Plc's (LSE:PHP, OTC:PHPRF) looks "well positioned" as it continues to deliver attractive organic rental growth, that's according to house broker Shore Capital. The UK stockbroker, in a note following PHP's interim results, highlighted that the property investment company's 7.5% dividend yield is being underpinned by accelerating rents and faster-than-expected savings f...

Shore Capital provided an upbeat analysis of Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) after the specialist real estate group confirmed advanced talks to seed a joint venture with its private hospital portfolio. The broker, which acts as adviser to the company, said the update continued a positive narrative first set out alongside March results, when management flagged a new strategic ...

Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) shares rose 2.9% to 94.44p after the healthcare property investor confirmed it is in advanced discussions to create a joint venture backed by its private hospital portfolio. The FTSE 250 group issued a statement in response to recent media speculation, saying it is in talks with an investor about contributing the portfolio to seed a new vehicle.