Assura PLC on Monday said it is in ‘advanced’ talks to sell 12 assets as it pledged to work with healthcare providers to deliver infrastructure improvements in the UK.
In a trading update for the six months the ended September 30, the Warrington-based real estate investment trust for healthcare properties said it had made strong strategic progress in the first half of the year.
Chief Executive Jonathan Murphy said the UK was at an ‘inflexion point’, with ‘structural changes to the delivery of healthcare services, the government targeting preventative services in a community setting, and rising demand for private providers.’
‘Assura has firmly positioned itself to facilitate this change, being well-placed to work with all healthcare providers to deliver high-quality, sustainable facilities for the long-term,’ he added in a statement.
Assura said it was in advanced discussions taking place for the disposal of 12 assets and had a pipeline of 14 capital asset enhancement projects, at a projected spend £8.8 million, over the next two years.
Financial results for the six months ended September 30 will be announced on November 14.
Shares in Assura were down 0.9% to 41.82 pence each in London on Monday.
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