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From Wikipedia, the free encyclopedia
Medicx Fund was an Irish property investment company listed on the FTSE SmallCap Index specialising in primary healthcare infrastructure backed by long-term Government contracts.[1]
The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (September 2022) |
The company was registered in Guernsey and incorporated in 2006. In 2019, the firm was taken over by Primary Health Properties in 2019.[2]
Medicx Fund was owned and managed by Octopus Healthcare.[3] Its Irish portfolio, consisting of four primary care schemes currently up and running, with a fifth one in Rialto, Dublin due to be completed in early 2019, was valued at more than €60 million.[4] The company bought a new primary healthcare centre in Tallaght for €15.5 million in 2017.[5]
Medicx Fund purchased One Medical Group in June 2018 for £63.8 million. At the time, it owned 166 properties, 3 of which were still under construction, with a total value of valued at £719.7 million. Annual rent income is £43.9 million.[6]
It was taken over by Primary Health Properties in 2019.[2]
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