Portfolio • Other social infrastructure • Brownfield • UK & Europe

Valley Healthcare, Ireland

In December 2022, John Laing Group acquired Valley Healthcare as part of a portfolio of three assets from AMP Capital. The acquisition completed in March 2023. Valley Healthcare is Ireland’s largest primary care centre (“PCC”) operator and developer, with 20 PCCs under operation across Ireland and a pipeline of new centres in development.

PCCs provide a single point of access to outpatient care for local communities, offering a full range of non-acute healthcare and social services, reducing pressure on acute public hospitals in Ireland.

Valley Healthcare leases assets to the Irish Health Service Executive (“HSE”), the government body responsible for public health and social services, under long term inflation-linked lease arrangements. Other tenants comprise GP practices and pharmacies.