Real estate - Mcap: £1,203m - Price: 90p - Update
Primary Health Properties (PHP)
Stability with income growth
The key feature of Primary Health Properties’ (PHP’s) 2023 results was the further acceleration in rental uplifts, rising at the fastest pace for 15 years. This is driving organic earnings growth to fully cover progressive dividends, which are now in the 28th year of unbroken increase.
Analyst
Martyn King
Financials analyst
financials@edisongroup.com

