PHP - PRIMARY HEALTH PROPERTIES - Share Chat

Primary Health Properties (PHP) is a leading UK Real Estate Investment Trust (REIT) specialising in the acquisition, development, and long-term leasing of primary healthcare facilities. Its substantial portfolio, spanning the UK and Republic of Ireland, primarily comprises modern GP surgeries, health centres, and other community healthcare properties.

A core strength of PHP lies in its highly secure, government-backed income stream, with the majority of rents funded by the NHS or HSE. Properties are typically subject to long-term, inflation-linked leases, offering predictable and resilient earnings. PHP’s strategy supports the vital primary healthcare infrastructure, making it a defensive income play within the real estate sector. Its REIT status ensures a high payout of profits to shareholders as dividends.