Falling property prices impact primary care specialist

Primary care property specialist MedicX Fund Ltd has reported pre-tax losses of £18.7m as the softening of asset prices in the commercial property market ate into sales.The company reported a healthy increase in income to £10.1m for the year ended 30 September 2008 (2007: £7.2m) but after valuation and impairment adjustments totalling £19.3m, the company…