Primary Health Properties PLC eyes growth opportunities in UK and Irish

() has said its rental collection has remained “robust” so far in 2021 as the healthcare facilities firm updated investors of its performance for the first quarter.

For the three months to March 31, the company also said it has continued to grow rental income from its existing portfolio, with 91 rent reviews settled in the period resulting in an additional £0.5mln in rent per year.

The company said rent collection had been strong into the second quarter, with over 99% of the period’s revenue received as of April 30.

Meanwhile, PHP said over the first quarter it had made “good progress” and increased the number of live projects to four with an estimated capital value of around £21mln, up from two projects valued at £10mln in early January. The firm said it expects to be on-site with two of these projects by early 2022, adding that it is also continuing to bring forward a “wider medium-term pipeline” at various stages of progress across 18 projects with an estimated capital value of around £127mln.