Primary Health Properties eyes new health care bill

Primary Health Properties, the property investment firm, has reported declining pre-tax profits but is rubbing its hands at the prospect of financing the new facilities demanded by the government's controversial Health and Social Care Act.

Primary Health Properties, the property investment firm, has reported declining pre-tax profits but is rubbing its hands at the prospect of financing the new facilities demanded by the government's controversial Health and Social Care Act.

Rental income in the six months to the end of June came in at £16.21m, an increase of 6.3% on the prior year, while operating profit grew 6.5% to £13.4m.

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