Assura plc
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Assura PLC is a
British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, ...
-based
property Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, r ...
business headquartered in
Warrington Warrington () is a town and unparished area in the borough of the same name in the ceremonial county of Cheshire, England, on the banks of the River Mersey. It is east of Liverpool, and west of Manchester. The population in 2019 was estimat ...
. It designs, builds, invests in and manages General Practitioner ('GP') and
primary care Primary care is the day-to-day healthcare given by a health care provider. Typically this provider acts as the first contact and principal point of continuing care for patients within a healthcare system, and coordinates other specialist care ...
buildings in the UK. It is listed on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
and is a constituent of the
FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septem ...
.


History

The business was launched as The Medical Property Investment Fund in 2003 and became listed on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
in that year. The name was changed to Assura Group in 2006. In 2008 the company bought new premises for expansion in Halton.Park office for healthcare specialist Assura
/ref> Assura sold its Assura Medical division to
Virgin Group Virgin Group Ltd. is a British multinational venture capital conglomerate founded by Richard Branson and Nik Powell in February 1970. Virgin Group's date of incorporation is listed as 1989 by the Companies House, who class it as a holding co ...
in 2010, which rebranded it as
Virgin Care Virgin Care was a British private provider of community health and social services, commissioned by the National Health Service and local authorities in England. From 2010 the company was known as Virgin Care and was part of Virgin Group. In Dec ...
. It acquired AH Medical, another primary healthcare business, in 2011. It named Graham Roberts, a former finance director of
British Land Company The British Land Company plc is one of the largest property development and investment companies in the United Kingdom. The firm became a real estate investment trust when REITs were introduced in the UK in January 2007. It is headquartered in ...
, as Chief Executive in March 2012. In June 2012 it decided to convert to
Real Estate Investment Trust A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
('REIT') status. In July 2016, the firm announced that Roberts had died of cancer. Financial Director Jonathan Murphy became interim CEO and was confirmed in the position permanently in February 2017. At the beginning of 2021 the business acquired Apollo Capital Projects, increasing its pipeline by an initial eight schemes and expanding the company's offering to the
NHS The National Health Service (NHS) is the umbrella term for the publicly funded healthcare systems of the United Kingdom (UK). Since 1948, they have been funded out of general taxation. There are three systems which are referred to using the " ...
.


Operations

The business invests in and develops primary care buildings in the UK. As of March 2019, the company's portfolio stood at 563 primary care medical centres. As an NHS partner the company accommodates NHS services within communities. Including, general practice, diagnostic and treatment services (including x-ray), renal dialysis, MSK physiotherapy, dentistry, acute consultant clinics and other community and social prescribing services.


References


External links


Official site
{{Authority control Property companies of the United Kingdom Companies based in Warrington Real estate companies established in 2003 2003 establishments in England Companies listed on the London Stock Exchange