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Medical Properties Trust Completes $1.2B Investment


Birmingham, Alabama-based Medical Properties Trust Inc. has completed the previously revealed $1.2-billion acquisition of the real estate interests of 11 Australian hospitals operated by Healthscope Ltd.

According to a prepared release, the company financed the acquisition with a $1.2 billion unsecured five-year term, Australian-denominated loan with a syndicate of banks.

Medical Properties Trust Inc. is a self-advised real estate investment trust formed to acquire and develop net-leased hospital facilities. MPT’s financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.

As The REIT Wire previously reported, the company has made a few big purchase over the past year. Take a look at related articles below on the subject.

Medical Properties Trust Acquires 46% Interest in $900M Portfolio
Medical Properties Trust Agrees to $859M Purchase and Lease Back
Medical Properties Trust Completes Joint Venture of 71 German Hospitals
Medical Properties Trust and Primonial Group Enter JV €1.635-Billion Deal
Medical Properties Trust To Sell Equity Investment in Ernest Health to One Equity Partners
Medical Properties Trust Plans $1.4B Facility Investment

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