Sarah Townsend
The healthcare investor has acquired primary care developer Apollo Capital Projects Development for an undisclosed sum, as it seeks to increase its development activity.
“Development is a really profitable part of the business for us and will continue to be very important for Assura’s growth in 2021,” chief executive Jonathan Murphy told
Place North West last month.
Under the deal, Warrington-based Assura will acquire Apollo’s four-person development team, boosting the firm’s own development function to 11 specialist surveyors.
The acquisition also increases Assura’s immediate and extended development pipeline by an initial eight schemes with an estimated total capital expenditure of £50m, the company said in a filing today to the London Stock Exchange, where its shares are traded.
19 February 2021 | 11:58am
StockMarketWire.com - The FTSE 100 was flat at midday a little above 6,600 as investors await Monday s update on the easing of UK coronavirus restrictions and with sterling hovering around two-year highs.
US futures suggested there would be a bit of a recovery on Wall Street after the sell-off seen yesterday.
NatWest reported an operating loss of £351 million for 2020, down from £4.2 billion pre-tax profit last year.
The bank said net impairment charges were £3.2 billion and announced it will pay a dividend of three pence per share.
Its shares rose 1.8% to 174.4p.
Warehouse landlord SEGRO reported a rise in pre-tax profit of 10.8% to £296.5 million for 2020.
19 February 2021 | 16:43pm
StockMarketWire.com - The FTSE 100 closed up 0.1% at 6,624.02 on Friday despite a currency headwind to its dominant overseas earnings as sterling hit the $1.40 mark
By 4.30pm UK time the S&P 500 was up 0.4% to 3,928.94, clawing back a good chunk of yesterday s losses.
NatWest reported an operating loss of £351 million for 2020, down from £4.2 billion pre-tax profit last year.
The bank said net impairment charges were £3.2 billion and announced it will pay a dividend of three pence per share.
Its shares rose 5.2% to 180.2p.
Warehouse landlord SEGRO reported a rise in pre-tax profit of 10.8% to £296.5 million for 2020.
It said revenue for the year fell to £431.7 million, down from £432.5 million in 2019.
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