{ "schemaVersion": 1, "organisationId": "O-a02dca04879b4986972a95e2aa7ab02e", "slug": "primary-health-props", "name": "PRIMARY HEALTH PROPS.", "updatedAt": "2026-10-04T15:25:50.733065Z", "sections": [ { "type": "OVERVIEW", "text": "Primary Health Properties (PHP) is a UK-listed healthcare-property REIT that invests in, develops and manages healthcare premises, rather than delivering clinical services. Its portfolio serves healthcare providers including the NHS and Ireland’s HSE, and includes primary-care centres, GP surgeries and private hospitals across the UK and Ireland. PHP’s stated purpose is to support these public healthcare systems by providing modern facilities for delivering care. [P19730237][P31648701]\n\nFounded in 1995, PHP reported 1,142 properties valued at approximately £6.0 billion and a £342 million rent roll at 31 December 2025. Its 2025 net rental income was £230 million. These figures describe its property and rental-income scale; no verified employee total was identified in the available sources. [T7340461][T12488554][https://www.phpgroup.co.uk/media/4xin3uke/primary-health-properties-plc-annual-report-2025.pdf]\n[P19730237][P31648701][T7340461][T12488554][https://www.phpgroup.co.uk/media/4xin3uke/primary-health-properties-plc-annual-report-2025.pdf]", "updatedAt": "2026-10-04T15:25:50.733065Z" }, { "type": "PRODUCTS", "text": "Primary Health Properties’ property products are healthcare premises across UK and Irish primary care, private hospitals, and joint ventures/other. Its portfolio includes GP surgeries and medical centres; enhanced primary-care centres can accommodate services such as X-ray, MRI and blood testing. Hospital facilities support services including diagnostics, robotic surgery, cataract and orthopaedic procedures, and oncology, with some sites able to add theatres or equipment such as MRI scanners. [https://www.phpgroup.co.uk/portfolio/]\n\nAt 31 December 2025, the portfolio comprised 1,059 UK primary-care assets, 28 Irish primary-care assets, 33 private hospitals and 22 joint ventures/other. Reported rent roll was £275m for UK primary care, £20m for Ireland, £44m for private hospitals and £3m for JVs/other—approximately 80.4%, 5.8%, 12.9% and 0.9% of the £342m total, respectively. [T7340461] The latest available interim results, for the six months to 30 June 2026, report a £6.0bn portfolio and £345m annualised contracted rent roll. [https://www.phpgroup.co.uk/media/o2spksb5/jun-26-interim-results-rns.pdf]\n[T7340461][https://www.phpgroup.co.uk/portfolio/][https://www.phpgroup.co.uk/media/o2spksb5/jun-26-interim-results-rns.pdf]", "updatedAt": "2026-10-04T15:25:50.733065Z" }, { "type": "GEOGRAPHY", "text": "As of the 2025 reporting year, Primary Health Properties’ property portfolio is concentrated in the UK and Ireland, with a reported year-end value of £5.9bn following the Assura acquisition. [P29871226] Its portfolio-value distribution was Midlands 22%, North East 17%, London 14%, South East 13%, North West 11%, Ireland 6%, Wales 6%, South West 6%, and Scotland & Northern Ireland 5%. [T11549070] The company separately reported Irish assets of €391m (£341m) and said that Irish assets and rental income each represented 6% of the group total. [P112954808]\n\nThe company lists its head office in London, England, and an Irish office in Cork. [https://www.phpgroup.co.uk/contact-us/]\n[P29871226][T11549070][P112954808][https://www.phpgroup.co.uk/contact-us/]", "updatedAt": "2026-10-04T15:25:50.733065Z" }, { "type": "SEGMENTS", "text": "Primary Health Properties reports one operating segment for financial-reporting purposes: investment property in the UK and Ireland, principally leased to GPs, government healthcare organisations and other healthcare users. The company states that the Assura acquisition did not change its conclusion that it has a single reportable operating segment. [P55264086][P10948507]\n\nFor portfolio analysis, the company also presents four categories, which are not separate accounting segments. By approximate property value, UK primary care accounts for £4.9bn (about 82%); Irish primary care £0.3bn (about 5%); private hospitals £0.7bn (about 12%); and JVs and other £0.1bn (about 2%), using the reported approximate £6.0bn total. The categories focus respectively on primary-care properties in the UK and Ireland, private hospital properties, and joint ventures and other assets; percentages are approximate and may not sum to 100% because the reported values are rounded. [T7340461]\n[P55264086][P10948507][T7340461][T7340461][T7340461][T7340461][T7340461][T7340461]", "updatedAt": "2026-10-04T15:25:50.733065Z" }, { "type": "HISTORY", "text": "Primary Health Properties plc was incorporated on 16 March 1995, and the company’s anniversary history credits Harry Hyman as its founder. It floated on AIM in 1996 and moved to the London Stock Exchange’s main market in November 1998. [https://find-and-update.company-information.service.gov.uk/company/03033634] [https://www.phpgroup.co.uk/media/hbmfyi0l/lse-php-history.pdf] In December 2013, PHP completed its acquisition of Prime Public Partnerships, adding 54 healthcare-property assets. [https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/confirmation-of-transaction-completion/3451575]\n\nIn March 2019, PHP completed an all-share merger with MedicX Fund, expanding its healthcare-property portfolio. [P72880478] [https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/court-sanction-of-scheme-of-arrangement/5649272] Mark Davies became chief executive at the close of PHP’s April 2024 AGM, succeeding founder Harry Hyman, who became non-executive chair. [P106828073] [P41774188] In 2025, PHP acquired Assura, taking control in August and completing the purchase of the remaining 2% in October. [P112760599] [https://www.phpgroup.co.uk/media/jpllkiif/jan26_trading_statement_vfinal.pdf]\n[P72880478][P106828073][P41774188][P112760599][https://find-and-update.company-information.service.gov.uk/company/03033634][https://www.phpgroup.co.uk/media/hbmfyi0l/lse-php-history.pdf][https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/confirmation-of-transaction-completion/3451575][https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/court-sanction-of-scheme-of-arrangement/5649272][https://www.phpgroup.co.uk/media/jpllkiif/jan26_trading_statement_vfinal.pdf]", "updatedAt": "2026-10-04T15:25:50.733065Z" } ], "sources": [ { "id": "P19730237", "href": "https://app.finbar.com/go?id=P19730237", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p44", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 44 }, { "id": "P31648701", "href": "https://app.finbar.com/go?id=P31648701", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p6", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 6 }, { "id": "T7340461", "href": "https://app.finbar.com/go?id=T7340461", "label": "PRIMARY HEALTH PROPS. — Presentation (2025 Y), p27", "documentId": "D-f97aff232b6945c5a44047487cc7c53b", "page": 27 }, { "id": "T12488554", "href": "https://app.finbar.com/go?id=T12488554", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p3", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 3 }, { "id": "https://www.phpgroup.co.uk/media/4xin3uke/primary-health-properties-plc-annual-report-2025.pdf", "href": "https://www.phpgroup.co.uk/media/4xin3uke/primary-health-properties-plc-annual-report-2025.pdf", "label": "www.phpgroup.co.uk" }, { "id": "https://www.phpgroup.co.uk/portfolio/", "href": "https://www.phpgroup.co.uk/portfolio/", "label": "www.phpgroup.co.uk" }, { "id": "https://www.phpgroup.co.uk/media/o2spksb5/jun-26-interim-results-rns.pdf", "href": "https://www.phpgroup.co.uk/media/o2spksb5/jun-26-interim-results-rns.pdf", "label": "www.phpgroup.co.uk" }, { "id": "P29871226", "href": "https://app.finbar.com/go?id=P29871226", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p115", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 115 }, { "id": "T11549070", "href": "https://app.finbar.com/go?id=T11549070", "label": "PRIMARY HEALTH PROPS. — Presentation (2025 Y), p26", "documentId": "D-f97aff232b6945c5a44047487cc7c53b", "page": 26 }, { "id": "P112954808", "href": "https://app.finbar.com/go?id=P112954808", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p31", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 31 }, { "id": "https://www.phpgroup.co.uk/contact-us/", "href": "https://www.phpgroup.co.uk/contact-us/", "label": "www.phpgroup.co.uk" }, { "id": "P55264086", "href": "https://app.finbar.com/go?id=P55264086", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p125", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 125 }, { "id": "P10948507", "href": "https://app.finbar.com/go?id=P10948507", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p130", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 130 }, { "id": "https://find-and-update.company-information.service.gov.uk/company/03033634", "href": "https://find-and-update.company-information.service.gov.uk/company/03033634", "label": "find-and-update.company-information.service.gov.uk" }, { "id": "https://www.phpgroup.co.uk/media/hbmfyi0l/lse-php-history.pdf", "href": "https://www.phpgroup.co.uk/media/hbmfyi0l/lse-php-history.pdf", "label": "www.phpgroup.co.uk" }, { "id": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/confirmation-of-transaction-completion/3451575", "href": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/confirmation-of-transaction-completion/3451575", "label": "www.investegate.co.uk" }, { "id": "P72880478", "href": "https://app.finbar.com/go?id=P72880478", "label": "PRIMARY HEALTH PROPS. — Full financial report (2019 Y), p123", "documentId": "D-6fd9b41d820546acb32eef8d9f3a8aa3", "page": 123 }, { "id": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/court-sanction-of-scheme-of-arrangement/5649272", "href": "https://www.investegate.co.uk/announcement/rns/primary-health-properties--php/court-sanction-of-scheme-of-arrangement/5649272", "label": "www.investegate.co.uk" }, { "id": "P106828073", "href": "https://app.finbar.com/go?id=P106828073", "label": "PRIMARY HEALTH PROPS. — Full financial report (2023 Y), p13", "documentId": "D-f6717667aa0a459bb60c37a5a65ca551", "page": 13 }, { "id": "P41774188", "href": "https://app.finbar.com/go?id=P41774188", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p164", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 164 }, { "id": "P112760599", "href": "https://app.finbar.com/go?id=P112760599", "label": "PRIMARY HEALTH PROPS. — Full financial report (2025 Y), p113", "documentId": "D-652c39ab76a149afafbfaf26a78ebb14", "page": 113 }, { "id": "https://www.phpgroup.co.uk/media/jpllkiif/jan26_trading_statement_vfinal.pdf", "href": "https://www.phpgroup.co.uk/media/jpllkiif/jan26_trading_statement_vfinal.pdf", "label": "www.phpgroup.co.uk" } ] }