Medical Properties Trust, Inc. bridges the gap between the growing demand for high-quality healthcare and the ability to deliver it cost-effectively. Specializing in acute care, community and rehabilitation hospitals, this healthcare real estate investment trust (REIT) provides operators access to capital for facility improvements, technology upgrades, staff additions and new construction through long-term net leases of real estate assets. By reinvesting non-earning assets into operations, MPT clients are able to participate in the growth of the largest sector of the U.S. economy.
Building on the success of its Western European acquisitions over the past year, Medical Properties Trust, Inc. has announced a definitive agreement to acquire the real estate assets of 40 hospitals in Germany from privately-held MEDIAN Kliniken Group for approximately €705 million (or, $900 million, based on exchange rates as of 10/20/14).
“This is an important transaction because it significantly increases our asset base to approximately $4.5 billion, and builds on our recent entry into the attractive Western European market,” said MPT Chairman, President and CEO Edward K. Aldag, Jr.
Medical Properties Trust, Inc. has announced the acquisition of the real estate assets of CircleBath Hospital in Bath, England, for approximately $50 million.
This marks MPT's first acquisition in the United Kingdom, and its 12th in Europe. As MPT Chairman, President, and CEO Edward K Aldag, Jr. noted, "This is further proof of MPT's significant progress in executing our growth and diversification strategy."
MPT made its first investment in IASIS in 2008 with the acquisition of the real estate assets of Pioneer Valley Hospital in West Valley City, Utah. Three more IASIS hospitals became part of MPT's portfolio in September.