Primary Health Properties PLC (LON:PHP)

Primary Health Properties PLC (LON:PHP)


Share Price
116.80 p
Change
0.2 (0.17 %)
Market Cap
£908.91 m
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Primary Health Properties PLC

Primary Health Properties PLC (“PHP”) is a UK Real Estate Investment Trust (“REIT”) and the leading investor in modern primary healthcare premises.

The objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.

PHP achieves this by investing in healthcare real estate in the UK and Ireland let on long...

EPIC: PHP
Market: LSE:PHP
52-week High/Low: 117.80p / 106.03p
Sector: Real Estate
Market Cap: 908.91M
Website: www.phpgroup.co.uk
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Big Picture – A Deep Dive Examination of Primary Health Properties PLC


Primary Health Properties PLC Snapshot

Our strategic objectives

Achieving each of the strategic objectives outlined below will enable PHP to meet its overriding aim of delivering progressive shareholder returns through a mix of income and long term value growth.

Grow

The Group looks to grow its property portfolio by funding and acquiring high quality, newly developed facilities and investing in already completed, let properties. PHP concentrates on assets with strong underlying fundamentals that it can acquire for a fair price and secure an acceptable gap between the income yield an asset generates and the cost of managing and funding that investment.

Manage

PHP manages its portfolio effectively and efficiently managing the risks faced by its business in order to achieve its strategic objectives. This includes taking a long term view of its properties in keeping with the strategic horizons of its tenants. By providing additional space facilitating the provision of additional services or extending the term of underlying leases, PHP can increase and lengthen its income streams and create the opportunity to add capital value.

The portfolio is managed by an experienced and innovative team within an efficient management structure where operating costs are tightly controlled by the Adviser and their fees are structured to gain economies of scale as the Group continues to grow.

Fund

The Group funds its portfolio with a diversified mix of equity and debt, in order to optimise risk adjusted returns to shareholders. Debt facilities are arranged on both a secured and unsecured basis, provided by traditional bank lenders and debt capital markets, with a spread of maturities that ensures flexibility and availability over the longer term to match the longevity of income streams.

PHP’s portfolio comprises of primary healthcare facilities, that provide flexibility to meet the changing demands placed on primary healthcare services.

Please click here to view our up to date portfolio.

PHP has appointed Nexus Tradeco Limited (“Nexus”) to provide property advisory, management, accounting and company secretarial services to the Group.

David Austin
Property Director

David Bateman
Investment Director

Andrew Birch
Head of Portfolio Management

Richard Howell
Finance Director

Harry Hyman
Managing Director

Michelle Whitfield
Head of Property Services

Paul Wright
Company Secretary

Dan Whitby
Financial Controller

Primary Health Properties PLC

The Company’s policy is that all communications from shareholders will be considered by the Board. Shareholders who wish to make contact with the Board can email the Chairman at [email protected] or the Company Secretary at [email protected]

Nexus TradeCo Limited

London office
Main office
Fifth floor
Greener House
66–68 Haymarket
London
SW1Y 4RF
Tel: 0207 104 5599
Fax: 0207 451 7051

Stratford-upon-Avon office

Regional office
First floor
Unit 6, The Courtyard
Timothy’s Bridge Road
Stratford-upon-Avon
CV37 9NP
Tel: 01789 263000

Advisers

Nexus TradeCo Limited
Main Office
Fifth floor
Greener House
66–68 Haymarket
London
SW1Y 4RF
Tel: 0207 451 7050
Fax: 0207 451 7051

Regional Office
First Floor
Unit 6, The Courtyard
Timothy's Bridge Road
Stratford-upon-Avon
CV37 9NP
Tel: 01789 263000
Fax: 01789 404018

Registrars

Equiniti
Aspect House 
Spencer Road 
Lancing 
West Sussex 
BN99 6DA

General helpline enquiries: 0371 384 2030 
SCIRP/DRIP enquiries: 0371 384 2268

The address for correspondence is:

Aspect House 
Spencer Road 
Lancing 
West Sussex 
BN99 6DA

 

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Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

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