Real Estate
Primonial has entered into binding negotiations to buy 71 post-acute hospitals from Medical Properties. : French asset manager Primonial, which seeks grow its pan-European portfolio, plans to buy half of the German healthcare real estate portfolio owned by Medical Properties Trust for €1.64bn. The €23.44b manager said it has entered into binding talks, on behalf of institutional investors, to buy 71 post-acute hospitals through a strategic joint venture with Medical Properties. “These exclusive negotiations illustrate the commitment of the Primonial group and Medical Properties Trust to create a strategic long-term collaboration building upon their respective areas of expertise,” Primonial said.

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