AcquisitionThe company has announced the acquisition of a health clinic with urgent care and diagnostic facilities in Cork, Ireland, for a total consideration of €22m, at an earnings yield of 7.1%.
EarningsPHP's results show another year of earnings growth, with EPS up 3% allowing the company to pay a fully covered dividend of 6.9p, representing the 29th consecutive year of growth since IPO.
Rental GrowthPHP's trading update for the nine months to end-September shows rental growth on 241 rent reviews concluded during the period generating growth of 3.0% on an annualised basis.