UK's Primary Health Properties in talks for JV for private hospital assets
UK's Primary Health Properties in talks for JV for private hospital assets June 24 (Reuters) - Primary Health Properties PHP.L said on Wednesday it is in advanced discussions with an unnamed investor for a new joint venture involving the British healthcare REIT's private hospital assets.
Here are some more details:
Talks remain ongoing and there is no certainty that any transaction will be agreed or on what terms, PHP said.
The company has been exploring strategic options to enhance the long-term value of its private hospital portfolio, including potential joint venture arrangements with investors.
PHP said it continues to evaluate all options for the assets.
The company, which merged with rival Assura in 2025, has a £6 billion ($7.91 billion) portfolio across the UK and Ireland.
($1 = 0.7582 pounds)
(Reporting by Nithyashree R B in Bengaluru; Editing by Sonia Cheema)
((NithyashreeRB@thomsonreuters.com))
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