NW locations among £347m disposal by specialist property firm

Deal done
A specialist property firm has disposed of eight of its 19 private hospitals, including two in the North West, as part of a deal worth £347m in total. The board of Kent-based Secure Income REIT (real estate investment trust) announced the sale of the portfolio let to Ramsay Health Care Limited. The assets sold represent 31% of Ramsay hospitals owned by the company, at their 31 December 2018 valuations. The purchaser is Medical Properties Trust, the US specialist healthcare REIT capitalised at some US$7.8bn. The occupation... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...