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Assura reaches legal completion on funding for £22m Ambulance Hub in West Midlands

StockMarketWire.com

Primary care property investor and developer Assura said it reached legal completion on a development funding agreement for a £22 million Ambulance Hub in the West Midlands.

The hub is let to West Midlands Ambulance Service University NHS Foundation Trust on a 30-year lease with 5-yearly rent reviews linked to RPI.

Constructions of the hub, being developed by Stoford Properties, was expected to take 15 months with rent commencing in Q3 2022.





At 9:49am: (LON:AGR) Assura PLC share price was 0p at 76p


Story provided by StockMarketWire.com