Alpha Real Capital, a real estate fund manager that focuses on income security from real assets, has acquired a portfolio of nine purpose-built medical centers for £15 million ($19 million) for one of its social infrastructure funds, the company said Thursday.
The transaction was funded 100 percent with equity.
The centers, located across the United Kingdom, are let to various GP’s, with support from NHS England, and have strong, sustainable patient lists, according to Alpha.
Alpha has more than £3 billion (3.7 billion) of assets under management. The firm primarily focuses on long-lease property, freehold ground rents and social infrastructure.