A PROPERTY investment trust has acquired Chelmsley Associates, the company which owns the Croft Medical Centre.
News that the purpose-built primary care facility had a new owner, Primary Health Properties (PHP), was confirmed this week.
The deal means that PHP now has a portfolio of some 304 assets, worth in excess of £1.3billion.
Managing director Harry Hyman said: "Croft Medical Centre is a positive addition to the portfolio and meets all of our investment criteria, with the added advantage of being located within a new wider community led development, which also includes a school, dentist and pharmacy."
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