Companies

Primary Healthcare Properties purchases portfolio management business

Axis Technical Services currently manages a portfolio of over 30 properties

Harry Hyman, chief executive of PHP, which currently owns a portfolio of 20 assets in Ireland valued at €261 million.

Primary Health Properties (PHP), a leading UK investor in modern primary healthcare facilities, has acquired Axis Technical Services, the Irish property management business, for an undisclosed sum.

Axis Technical Services currently manages a portfolio of over 30 properties, including the majority of PHP’s Irish portfolio.

The acquisition gives PHP a permanent presence on the ground in Ireland, further strengthening its position in the country and relationship with the HSE, according to a statement from PHP.