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  • Assura joins FTSE 250 index

Assura joins FTSE 250 index

09 December, 2015

By: Angela Hankey

category: Property News

0

The Warrington-based developer and owner of GP primary care centres has joined the FTSE 250 Index, marking it as one of the largest companies listed on the London Stock Exchange.

Over the last three years Assura has posted consistent growth; net assets have increased threefold during this time, Assura’s share price has doubled, underlying profit is up 124% and dividends are almost twice what they were at the start of this same period.

Assura’s portfolio value is now £1.025m, with the company enjoying a £100m uplift in the valuation of its assets in the six months to the end of September.

Assura has raised a total of £475m through share issues in the past 18 months, to fund new developments and support acquisition opportunities.

The FTSE 250 Index is made up of the 101st to the 350th largest companies listed on the Stock Exchange.

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