Primary Health Properties has announced an increase in its annual rent roll to £66.6m.
In a trading update, the company announced the portfolio grew to 292 properties valued at £1.2bn, having completed on 19 properties since 1 January 2016.
During the period, the company also issued £150m of new shares.
Debt in the company has been reduced to 53% of the value in the portfolio, with £88m of debt restructured to produce lower costs at 3.92%.
The update also stated the company was in its 20th year of dividend growth with a quarterly payment of 1.28p per share to be made on 27 May.
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