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Assura splashes out £48.8m on medical centres

Date added: 01/02/2017







Warrington-based primary care property investor and developer Assura completed the acquisition of 22 medical centres for a total of £48.8m in the last three months of 2016, the third quarter of its financial year. The properties have a passing rent roll of £2.5m and a weighted average unexpired lease length of 13.8 years. The listed company said it has a further pipeline of individual asset acquisitions and developments currently in solicitors' hands worth approximately £103m. Assura now owns 385 medical centres with...

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