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Home Healthcare Markets Business PHP agrees hospital JV with Singaporean sovereign wealth fund

PHP agrees hospital JV with Singaporean sovereign wealth fund

Primary Health Properties (PHP) has agreed to enter into a strategic joint venture with Singaporean sovereign wealth fund GIC to invest in private hospital infrastructure. The 50:50 joint venture will be seeded with 27 private hospitals from PHP’s existing portfolio valued at approximately £700m, transferred at a discount of 5% to the 31 December 2025…

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