Assura Group
Encyclopedia
Assura Group is a British
-based property
business headquartered in Warrington
. It develops property for primary care
and community hospitals, and operates community pharmacies. It is listed on the London Stock Exchange
. It is the largest such business in the United Kingdom
. On March 3, 2010, Virgin Healthcare purchased a 75.1% stake in the medical unit of Assura Group.
in that year. The name was changed to Assura Group in 2006. In 2008 the company bought new premises for expansion in Halton
. Assura owns a 25% stake in Assura Medical, the medical services business it created in 2006 and then sold a majority interest to Virgin Healthcare in March 2010. This business operates a network of GP Provider Organisations (GPCos) in England.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
-based property
Property
Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...
business headquartered in Warrington
Warrington
Warrington is a town, borough and unitary authority area of Cheshire, England. It stands on the banks of the River Mersey, which is tidal to the west of the weir at Howley. It lies 16 miles east of Liverpool, 19 miles west of Manchester and 8 miles south of St Helens...
. It develops property for primary care
Primary care
Primary care is the term for the health services by providers who act as the principal point of consultation for patients within a health care system...
and community hospitals, and operates community pharmacies. It is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
. It is the largest such business in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
. On March 3, 2010, Virgin Healthcare purchased a 75.1% stake in the medical unit of Assura Group.
History
The business was launched as The Medical Property Investment Fund in 2003 and became listed on the London Stock ExchangeLondon Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
in that year. The name was changed to Assura Group in 2006. In 2008 the company bought new premises for expansion in Halton
Halton (borough)
Halton is a local government district in North West England, with borough status and administered by a unitary authority. It was created in 1974 as a district of Cheshire, and became a unitary authority area on 1 April 1998. It consists of the towns of Widnes and Runcorn and the civil parishes of...
. Assura owns a 25% stake in Assura Medical, the medical services business it created in 2006 and then sold a majority interest to Virgin Healthcare in March 2010. This business operates a network of GP Provider Organisations (GPCos) in England.