Primary Health Properties has appointed former Deloitte partner Ian Krieger and Stephen Kell as independent non-executive directors.
Krieger will be appointed to chair the PHP audit committee, replacing Steven Owen who will be the next chairman of the company when Alun Jones retires at this year’s AGM on 18 April.
The healthcare facility investor also reported a 10.5% increase in its EPRA net asset value to 100.7p a share in its preliminary results for the year ended 31 December.
EPRA earnings were up 15.7% to £31m and total dividends were up 2.4% to 5.25p in the 21st consecutive year of dividend growth for the company.
In a statement this morning, Alan Jones, chairman of PHP, said the strong results were reflective of an ageing and: “The primary health property sector benefits from strong fundamentals of a population that is growing, ageing, suffering from increased occurrence of chronic conditions and well-publicised pressure on both GPs and the NHS.
“The future demand for healthcare is driven by demographics developments, while funding of the NHS is supported on a cross-party basis. Whilst the NHS adapts, albeit slowly, to meet these increased pressures, PHP is well placed and stands ready to assist.”
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