NW locations among £347m disposal by specialist property firm
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.
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