PHP reports leap in income and pre tax profit as portfolio value exceeds £1bn

Healthcare REIT, Primary Health Properties (PHP) has reported an 83% jump in pre-tax profits to £36.9m as the value of its portfolio exceeded £1bn.Net rental income swelled by 42.5% to £59.3m, fuelled by the acquisition of Prime Partnerships 54-strong portfolio for £233m in December 2013 and other property assets bought during the year. The company’s…