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Assura adds four medical centres

AGR : Assura adds four medical centres

Assura Group is buying one medical centre and has completed the development of three others. The developments cost £11m to build and are located in Lanchester, Market Weighton and Blaenavon. The acquisition is of a medical centre in Wellington and cost £1.75m.

The developments are let for an average of 24.5 years and produce a yield on cost of 7.3% per annum. the building in Wellington is let on a 30 year lease and produces a yield of 6.3%.

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