UK’s PHP Forms Joint Venture with Singapore’s GIC to Cut Debt

Britain’s PHP forms joint venture with Singapore’s GIC to cut debt

The partners will each own a 50% stake in the venture. Read more at straitstimes.com.

UK’s PHP forms joint venture with Singapore’s GIC to cut debt

Oct 19 (Reuters) - Primary Health Properties expects to receive £500 million ($666.55 million) from a joint ​venture deal with Singapore sovereign ‌wealth fund GIC that would help the British healthcare REIT cut debt, the firm said on Monday. Here ‌are...

Primary Health Properties forms £700m hospital venture with Singapore's GIC

Primary Health Properties has agreed to a joint venture with Singapore’s GIC to invest in private hospitals, raising around £500m to cut its debt. The healthcare property group said it would put 27 private hospitals, worth about £700m, into a 50:50 venture with the sovereign wealth fund, retaining a half share and acting as the […]

UK's PHP forms joint venture with Singapore's GIC to cut debt

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