We invest in flexible, modern properties for local primary healthcare, let on long term leases with a property portfolio of 516 assets in the UK and Ireland 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 2024

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.

Investment activity

£4.5m

Across 1 property.

Like-for-like rental growth

£4.0m

or 2.7% growth
Additional annualised rental income from rent reviews and asset management projects completed in the year.

Asset management projects

£13.0m

Invested in 15 projects either completed or onsite.

Investment activity

£4.5m

Across 1 property.

Like-for-like rental growth

£4.0m

or 2.7% growth
Additional annualised rental income from rent reviews and asset management projects completed in the year.

Asset management projects

£13.0m

Invested in 15 projects either completed or onsite.

Data sourced from 2024 Annual Report.

Results centre

Our portfolio

PHP’s portfolio comprises of primary healthcare facilities, that provide exibility to meet the changing demands placed on primary healthcare services.

 

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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.

 

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Our Strategy