Medical Properties Trust wraps up Australian deal
Jun. 06, 2019 4:18 PM ETMedical Properties Trust, Inc. (MPW)By: Liz Kiesche, SA News Editor21 Comments
- In conjunction with Brookfield Business Partners' acquisition of Healthscope closing today, Medical Properties Trust (NYSE:MPW) completes its A$1.2B (US$840M) acquisition of real estate interests in 11 Australian hospitals operated by Healthscope.
- Medical Properties financed the transaction with a A$1.2B unsecured five-year term, Australian-denominated loan with a syndicate of banks.
- The agreement to buy and lease back the 11 hospitals was originally announce in January.