Primary Health Properties in talks to form hospital portfolio joint venture
Primary Health Properties confirmed advanced discussions to create a joint venture backed by its private hospital portfolio, driving shares up 2.9% to 94.44p on 24 June.
Primary Health Properties confirmed advanced discussions to create a joint venture backed by its private hospital portfolio, with shares rising 2.9% to 94.44p on 24 June [1]. The FTSE 250 healthcare property investor issued a statement responding to media speculation, saying it is in talks with an investor about contributing the portfolio to seed a new vehicle [1].
The company did not name the counterparty or disclose the portfolio's size, valuation, or proposed ownership split. The statement described the talks as advanced-stage but provided no timeline for completion or binding agreement.
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