Primary Health Properties (OTCMKTS: PHPRF) is a real estate investment trust that specializes in the ownership and management of primary healthcare facilities. Established in 1995 and listed on the London Stock Exchange in 1996, the company focuses on providing modern, purpose-built medical real estate designed to support general practitioners, community health providers and related healthcare services. Its portfolio comprises predominantly single-tenanted or multi-tenanted primary care buildings leased under long-term agreements to tenants such as general practice partnerships, the National Health Service (NHS), and private sector healthcare operators.
The company’s core business activities include the acquisition, development and refurbishment of primary care facilities. It works closely with healthcare operators to identify requirements for new or expanded premises, financing the design and construction of bespoke medical centres. In addition to ground-up developments, Primary Health Properties selectively acquires income-producing assets, integrating them into its wider portfolio to achieve rental growth and capital appreciation over time. The trust also oversees asset management functions, ensuring facilities meet evolving healthcare standards and tenant needs.
While the bulk of its holdings are situated across the United Kingdom, Primary Health Properties has extended its footprint into the Republic of Ireland, Germany and Spain. This geographic diversification enables the company to tap into multiple healthcare markets and capitalise on regional demand for modern primary care infrastructure. The trust’s portfolio spans hundreds of properties, ranging from small community clinics to larger multi-specialty health centres, all intended to enhance access to primary medical services.
Headquartered in the UK, the company is governed by a board of directors and supported by an executive leadership team with deep expertise in real estate investment, healthcare operations and financial management. Through its long-standing relationships with healthcare providers and public health bodies, Primary Health Properties continues to advance its mission of facilitating high-quality primary care environments and supporting the delivery of essential health services.
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