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Primary Health Properties reports strong first half with increase in net rental income and profit

Proactive Research analyst Ed Stacey discusses Primary Health Properties PLC's (LON:PHP) interim results to June 2020. He says it was a strong first half with net rental income and profit both up as well as an increase in the first half dividend. ''No surprises that everything is on track'', he says. ''Remember the properties PHP manages are the likes of doctors surgeries in the UK and Ireland and 90% of the rents are covered by the governments.''


Click here to read Ed Stacey's latest report: Steady progress, encouraging prospects

Quick facts: Primary Health Properties PLC

Price: 146 GBX

Market: LSE
Market Cap: £1.92 billion

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  Primary Health Properties PLC's (LON:PHP) Harry Hyman and Richard Howell update on what they describe as a very successful first half of 2020. They say they're seeing strong demand for extra space created at all levels by the coronavirus (COVID-19) pandemic. PHP has an occupancy rate...

on 29/7/20

2 min read