TPG Real Estate has launched Arcura Medical Properties, a new, purpose-built European healthcare real estate platform designed to deliver high-quality clinical infrastructure and pursue growth opportunities driven by increasing demand for medical properties. The formation of Arcura follows the completion of TPG’s approximately €400 million ($455 million) acquisition of a portfolio of leading medical outpatient properties located across Germany and the Netherlands from Vital Infrastructure Property Trust, formerly Northwest Healthcare Properties REIT.
Arcura will operate as an independent, specialized owner and operator of medical outpatient buildings and outpatient clinical infrastructure. Today, the platform consists of 30 properties across more than 180,000 square meters (1.94 million square feet), serving more than 400 healthcare tenants in key regions including Berlin, Hamburg and the Randstad. Arcura will manage the existing portfolio, focusing on delivering premier
