Primary Health Properties Plc (LON:PHP)
London flag London · Delayed Price · Currency is GBP · Price in GBX
93.85
+0.05 (0.05%)
Apr 1, 2025, 6:32 PM BST

Primary Health Properties Company Description

Primary Health Properties (LSE and JSE: PHP) is a leading investor in modern primary healthcare properties across the UK and Ireland.

Since listing on the London Stock Exchange ("LSE") in 1998, it has created progressive returns for shareholders through a combination of rental growth and capital appreciation, generating 29 years of consecutive dividend growth.

Its primary listing is on the LSE (Equity shares (commercial companies) category) and is included in the FTSE 250 Index.

It has a secondary listing on the JSE and is included in the FTSE/JSE All-Share index and All-Property index.

The Group owns and manages a £2.8 billion portfolio of 517 healthcare assets, including 22 in Ireland that generate strong, high quality rent roll of over £155 million following completion of the above acquisition.

Its internal management team delivers sector-leading financial management, with one of the lowest peer cost ratios.

In particular PHP is positioned for growth in the emerging Irish market following its 2023 acquisition of Axis Technical Services, the Irish property management business to create Axis PHP in Ireland.

PHP's long-term leases offer unique security with c.90% of rental income directly or indirectly backed by the government, via the NHS in the UK or HSE in Ireland.

Growing and ageing patient populations are placing increasing and significant pressure on the government's under-invested healthcare systems; the provision of better front line primary care offers a proven solution.

The Board has a strong commitment to responsible growth and has set out a clear plan to transition operational, development and asset management activities to Net Zero Carbon by 2030.

Primary Health Properties Plc
Primary Health Properties logo
Country United Kingdom
Founded 1994
Industry REIT - Healthcare Facilities
Sector Real Estate
Employees 87
CEO Mark Davies

Contact Details

Address:
5th Floor, Burdett House
London, WC2N 6DU
United Kingdom
Phone 44 20 3824 1841
Website phpgroup.co.uk

Stock Details

Ticker Symbol PHP
Exchange London Stock Exchange
Fiscal Year January - December
Reporting Currency GBP
ISIN Number GB00BYRJ5J14
SIC Code 6798

Key Executives

Name Position
Mark Davies A.C.A. Chief Executive Officer and Director
Harry Abraham Hyman Founder and Non-Executive Chairman
Richard Howell ACA, BA (Hons) Chief Financial Officer and Director
Toby Newman Company Secretary and Chief Legal Officer
David Austin Director of Asset, Property and Facilities Management
Tony Coke Director of Development