‘Cracking’ results from PHP

PHP reports jump in earnings as it prepares for MedicX merger
PHP CEO Harry Hyman

Primary Health Properties (PHP) described 2017 as a ‘cracking’ year today after announcing a 110.3% surge in pre-tax profit to £91.9m. The healthcare REIT said net rental income had increased by 7.1% to £71.3m. The £4.7m increase included, £3.7m from acquisitions, £1m from developments completed in 2016 and 2017 and £700,000 from asset management, including…

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