Primary Health Properties wins £8.4m contract to build GP centre

Primary Health Properties said it had won a contract to provide development funding to build and own a medical centre in Eastbourne for £8.4m.

The property, which PHP will own, will provide facilities for two merged GP practices to deliver primary care services for a patient list of more than 18,000.

“This acquisition will increase PHP's portfolio to a total of 486 assets with a gross value of just under £2.4bn and a contracted rent roll of approximately £127m,” the company said on Wednesday.