Neil Tague
Primary Health Properties has acquired the 2016-built West Derby Medical Centre for £4.6m.
The facility is leased to a GP practice with a patient list of more than 13,000 patients, along with a pharmacy.
London-registered PHP is one of the key players in the healthcare development and investment market, with a portfolio of around 500 UK properties, most of them GP surgeries, with other properties let to NHS organisations, pharmacies and dentists.
The PHP portfolio has a contracted rent roll of approximately £135.3m,average unexpired lease terms of more than 12 years and an occupancy rate of 99.5%.
Perhaps unsurprisingly in a year that has seen such focus on healthcare and wellbeing, the healthcare development sector has been busy throughout 2020.