The head of UK group Primary Health Properties (PHP) has said the company plans to invest “the thick end of €75m during the next 12 months” in Ireland.
The company’s portfolio here is currently valued at £200m (€230m) and PHP plans to double that over the next three years.
“We would be disappointed if we didn’t invest the thick end of €75m during the next 12 months, but we have plans to grow our portfolio from its currently level of £200m (€230m) to double that over the next three years,” Harry Hyman, chief executive of PHP, told the Irish Independent.
“Apparently, there are only eighty-something primary care centres in Ireland and your Government has plans to increase that very substantially. Some of these will be relatively small and not precisely the sort of assets we want,” he added.
PHP currently owns 18 primary care centres in Ireland valued at £198m