We invest in flexible, modern properties for local primary healthcare, let on long term leases with a property portfolio of 1,142 assets in the UK and Ireland valued at £6.0 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.

Investment case

Transformational merger

With overwhelming shareholder support, the acquisition of Assura was completed in August 2025, creating a £6bn Healthcare REIT investing in critical healthcare infrastructure.

Newly enlarged portfolio

Total property value

£6.0bn

Rent roll

£342m

Properties

1,142

WAULT

10.8yrs

62
29
967
84

Our portfolio

PHP’s portfolio of critical healthcare infrastructure provide flexibility to meet the changing demands placed on primary healthcare services.

Creating long term sustainable growth

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.