MedicX aquires 31 medical centres

MedicX Fund, the specialist primary care infrastructure investor in modern, purpose-built, primary healthcare properties in the United Kingdom, has completed the acquisition of a portfolio of 31 completed and fully let primary care medical centres. The purchase is by way of a corporate acquisition for an initial cash consideration of £16.1 million including transaction costs of £1.6 million, and the assumption of existing debt of £63.8 million.