PHP announces plans to acquire management company

PHP enters 2021 with over £200m in pipeline opportunities

Specialist healthcare REIT Primary Health Properties (PHP) has entered into a conditional agreement to buy its longstanding external property adviser Nexus Tradeco Limited for £33.1m. Under the deal, which is subject to shareholder approval, PHP will acquire the company’s entire issued ordinary share capital for a cash consideration of £16.5m alongside a £16.5m share issue….

You must be a HM Subscriber to view this content. Please log in or subscribe below.

Subscribe Now »