Pinsent Masons advises MedicX Fund on £24.6 million acquisition of Lunn Healthcare Properties portfolio

13 Mar 2014 | 05:16 pm |

International law firm Pinsent Masons has advised MedicX Fund on its £24.6 million acquisition of Lunn Healthcare Properties Ltd comprising a portfolio of nine operational medical centres located across the North of England.

MedicX, a market leading healthcare investor and property developer, has increased its portfolio of properties to 133 primary healthcare properties across the UK.

Pinsent Masons partners Robert Moir and James Long led the team on the deal including Michael Walby, Mark Stephens, Stephen Woods, Carl Scott, Matthew Clayton-Stead and Andrew McCarthy.

Commenting on the deal, Robert Moir said: "We are delighted to have advised MedicX on this important corporate acquisition, which further bolsters the company's strong proposition as a leading healthcare property investor following its very successful equity and debt fundraisings in 2013."

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