The Warrington-based primary care investor has avoided the worst of the Covid-19 disruption and remained resilient with a strong pipeline of developments and acquisitions to progress over the next 12 months, it said.
The company also reported “normal patterns” in recent rent collection, in a trading update to the London Stock Exchange today. Assura’s portfolio commands an annual rent roll of £110m.
Assura has an immediate development pipeline totalling £60m – defined as projects due to commence within the next year, the statement said. Meanwhile, all of its current construction sites have remained active during the lockdown, with safety measures in place, further helping to place the firm on a “solid footing” for the year ahead.
The company also reported an immediate UK acquisition pipeline of £51m and expects to complete these acquisitions within the next three to six months.