PHP positive on future acquisitions

Primary Health Properties, the real estate investment trust (Reit) providing primary healthcare facilities to the NHS, has announced a year of sales and acquisitions with further acquisition opportunities ahead. In its interim management statement for the period from 1 January 2013 to 15 April 2013 it has announced annualised contracted rent roll, including commitments, of £39.0m at 31 March 2013 on a portfolio which is 99.7% let. The directors believe that initial property yields in the group’s portfolio have remained stable at approximately 5.72%.