Assura Group

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Not to be confused with Assura Medical.
Assura Group
Type Public (LSEAGR)
Industry Property
Founded 2003
Headquarters Warrington, United Kingdom
Key people Simon Laffin, Chairman
Graham Roberts, CEO
Revenue £39.9 million (2014)[1]
Operating income £32.8 million (2014)[1]
Net income £35.0 million (2014)[1]
Subsidiaries Assura Properties Plc
Website www.assuragroup.co.uk

Assura Group is a British-based property business headquartered in Warrington. It develops property for primary care. It is listed on the London Stock Exchange and was formerly a constituent of the FTSE 250 Index. Not to be confused with Assura Medical, which was a division of Assura Group purchased by Virgin Group in 2010, now trading as Virgin Care

History[edit]

The business was launched as The Medical Property Investment Fund in 2003 and became listed on the London Stock Exchange in that year. The name was changed to Assura Group in 2006. In 2008 the company bought new premises for expansion in Halton.[2] It acquired AH Medical, another primary healthcare business, in 2011.[3] It named Graham Roberts, a former finance director of British Land Company, as Chief Executive in March 2012.[4] In June 2012 it decided to convert to Real Estate Investment Trust ('REIT') status.[5]

Operations[edit]

The business invests in and manages primary health care centres in the UK. [2] In June 2014 the company's medical centre portfolio stood at 230 primary care medical centres with a contracted passing rent of £46.3 million.[6] In November 2014 it bought 11 medical centres, for £63.1 million, having bought 4 earlier in the month.[7]

References[edit]

External links[edit]