Seven hospitals have been sold for €80M
Seven hospitals have been sold for €80M

Seven hospitals have been sold for €80M

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RE+D magazine
04.03.2025

The healthcare real estate investor, Assura, has sold seven properties for £64 million to a joint venture in which it holds an equity stake.

This brings their total sales since the beginning of the financial year to 30 transactions, amounting to €239 million, with a weighted average net initial yield of 4.8%.

According to the company, the proceeds will be used to reduce debt associated with the financing of a €600 million portfolio of private hospitals, acquired in August 2024, with a yield of 5.9%. This is part of Assura’s broader debt reduction strategy.

It is also worth noting that last month, the investment group KKR made a series of offers for Assura, offering a 28% premium based on current market transactions. However, the board rejected these offers, triggering mixed reactions from shareholders.