The Group’s portfolio comprises 514 primary healthcare facilities valued at £2.8 billion.
The majority of our healthcare facilities are GP surgeries, with other properties let to NHS organisations, HSE in Ireland, pharmacies and dentists. PHP endeavours to provide high quality buildings for its tenants and high quality assets for its shareholders.
Business activity in 2022
PHP is a strong business creating progressive returns for shareholders by investing in healthcare real estate let on long term leases, backed by a secure underlying covenant where the majority of rental income is funded directly or indirectly by a government body.
£25.7m
Across 1 property.
£4.3m
or 3.0% growth
Additional annualised rental income from rent reviews and asset management projects completed in the year.
£13.1m
Invested in 11 projects either completed or site.
Data sourced from 2023 Annual Report.
Our portfolio
PHP’s portfolio comprises of primary healthcare facilities, that provide exibility to meet the changing demands placed on primary healthcare services.
Creating long term sustainable value
We invest in flexible, modern properties for local primary healthcare. The overall objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.
To achieve this, PHP has invested in healthcare real estate let on long term leases, backed by a secure underlying covenant where the majority of rental income is funded directly or indirectly by a government body.