Noble appointed Corporate Broker and Financial Adviser to AH Medical Properties plc
Noble, the research-led independent investment bank specialising in mid and small cap companies, is pleased to announce that it has been appointed as Corporate Broker and Financial Adviser to AH Medical Properties plc. Angus Macpherson, Chief Executive of Noble said: "We are delighted Noble has been appointed as Corporate Broker and Financial Adviser to AH Medical Properties plc. The AHMP portfolio is a high quality new build portfolio which provides a long term secure and highly visible income stream to shareholders. The attraction of medical property investment assets remains compelling, evidenced by the strong outperformance of the sub-sector in the recent IPD data. We look forward to working with Bruce Walker and the board of directors as they grow the portfolio in years ahead." The company owns 51 properties across the UK, valued at £108m with an annual rent roll of £7.3. 94% of rental income is paid either directly or indirectly by the NHS and the portfolio has 100% occupancy. AHMP has an exclusive pipeline for a further £86m of new purpose-built primary health care assets sourced through its asset manager Ashley House plc (ASH.L). Development activity is only undertaken on a pre-let basis with AHMP forward funding build cost through fixed-rate, long-term debt facilities.Information on AH Medical Properties plc
AH Medical Properties plc (AHMP: PLUS) is a property investment company specialising in healthcare property allied to the delivery of NHS-led primary care.
ENDS
For more information contact:
Ben Thompson Group Head of Marketing 020 7763 2245
Sarah Gestetner Director Citigate Dewe Rogerson 020 7282 2920
About Noble
Noble is an independent investment bank dedicated to mid and small-cap companies. It provides a full range of professional services to growth companies, institutions and investment vehicles, with UK offices in London and Edinburgh, and an international subsidiary office in Mumbai.
Through its UK offices, Noble offers high quality fundamental research, broking, investment banking and fund management services to customers in the UK and overseas.
Noble has four operating companies in the UK, all of which are authorised and regulated by the Financial Services Authority.