Specialist healthcare property investor Assura has added £500,000 of fresh rental income in the three months ended 30 June, through 42 rent reviews.
The group said rent reviews covering £7m of existing rent had been settled during the quarter, generating a 7.8% uplift on previous passing rent.
Despite this, annualised rent roll across its 612-strong portfolio dipped from £150.6m at 30 March to £149.2m at the end of June.
Chief executive Jonathan Murphy said: “Over the first three months of our financial year we have continued to deliver on our strategic objectives and remain extremely well-placed to help support the NHS and wider healthcare market.
“The UK healthcare crisis is getting more severe by the year, which in turn is driving increased demand for healthcare infrastructure. The requirement for investment in this space has received cross-party political support, and we look forward to working with whichever party is in government following today’s election.”
The group said it had a strong pipeline of opportunities for strategic expansion and further growth and was currently on site with five new schemes with a further five in the pipeline.
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