Medicx Fund was an Irish property investment company listed on the

FTSE SmallCap Index The FTSE SmallCap Index is an index of small market capitalisation companies consisting of the 351st to the 619th largest-listed companies on the London Stock Exchange main market. The index, which is maintained by FTSE Russell, a subsidiary of t ...

specialising in primary healthcare infrastructure backed by long-term Government contracts. The company was registered in

Guernsey Guernsey (; Guernésiais: ''Guernési''; french: Guernesey) is an island in the English Channel off the coast of Normandy that is part of the Bailiwick of Guernsey, a British Crown Dependency. It is the second largest of the Channel Islands ...

and incorporated in 2006. In 2019, the firm was taken over by

Primary Health Properties Primary Health Properties plc is a British-based real estate investment trust, specialising in the rental of flexible and modern primary healthcare facilities within the United Kingdom and Ireland. The company is listed on the London Stock Exchange ...

in 2019.

History

Medicx Fund was owned and managed by Octopus Healthcare. Its Irish portfolio, consisting of four primary care schemes currently up and running, with a fifth one in

Rialto, Dublin Rialto () is an inner suburb of Dublin, situated on the city's southside. The area takes its name from the Harcourt Bridge, which was commonly known as the Rialto Bridge due to its resemblance to the shape of the bridge of that name in Venice. ...

due to be completed in early 2019, was valued at more than €60 million. The company bought a new primary healthcare centre in

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for €15.5 million in 2017. Medicx Fund purchased

One Medical Group One Medical Group is an English primary care provider based in Leeds. Rachel Beverley-Stevenson co-founded the group in 2004 and serves as its CEO. Operations history It established an office in Westminster in 2014 when it won a contract to ...

in June 2018 for £63.8 million. At the time, it owned 166 properties, 3 of which were still under construction, with a total value of valued at £719.7 million. Annual rent income is £43.9 million. It was taken over by

in 2019.

References

{{reflist Investment companies of the United Kingdom