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Primary Health completes on MedicX merger, boosts Irish portfolio

Published: 11:53 15 Mar 2019 GMT

Primary Health Properties PLC (LON:PHP) managing director Harry Hyman spoke to Proactive London following the completion of its merger with MedicX Fund (LON:MXF).

PHP expects the deal to result in cost savings of £4mln in the first year and lower financing charges further out.

Also this week PHP contracted to acquire a standing let primary care centre in the Republic of Ireland.

It has acquired The Meath Primary Healthcare Centre, a primary care centre located in Dublin, for a total cost of €10.9 million.

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