Medical Properties Trust has entered into definitive agreements to acquire the real estate of 30 acute care hospital facilities located throughout the United Kingdom for an aggregate purchase price of approximately £1.5 billion ($2 billion).
“These hospitals represent a unique collection of facilities that are critical to the delivery of acute health services across the United Kingdom,” said Edward Aldag Jr., MPT’s chairman, president and CEO. “We are confident in the growing opportunities for private hospital operators in U.K. healthcare. We look forward to advancing our relationship with our U.K. operators in contributing to improved facility efficiency, quality of care and health outcomes for all hospital patients throughout the United Kingdom."
The facilities are leased under long-term inflation protected net leases to affiliates of BMI Healthcare, one of the largest private operator of acute hospitals in the United Kingdom.
In a related transaction