Medical Properties Trust Completes Approximate £1.5 Billion Investment in 30 Hospitals in the United Kingdom
January 08 2020 - 4:15PM
Business Wire
Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE:
MPW) today announced that it has completed the previously announced
acquisition of the real estate interests of 30 UK hospitals.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a self-advised real estate
investment trust formed in 2003 to acquire and develop net-leased
hospital facilities. From its inception in Birmingham, Alabama, the
Company has grown to become one of the world’s largest owners of
hospitals with 390 facilities and approximately 42,000 licensed
beds in eight countries and across three continents. MPT’s
financing model facilitates acquisitions and recapitalizations and
allows operators of hospitals to unlock the value of their real
estate assets to fund facility improvements, technology upgrades
and other investments in operations. For more information, please
visit the Company’s website at www.medicalpropertiestrust.com.
The statements in this press release that are forward looking
are based on current expectations and actual results or future
events may differ materially. Words such as "expects," "believes,"
"anticipates," "intends," "will," "should" and variations of such
words and similar expressions are intended to identify such
forward-looking statements. Forward-looking statements involve
known and unknown risks, uncertainties and other factors that may
cause the actual results of the Company or future events to differ
materially from those expressed in or underlying such
forward-looking statements, including without limitation: the
satisfaction of all conditions to, and the timely closing (if at
all) of pending transactions; the amount of acquisitions of
healthcare real estate, if any; results from potential sales and
joint venture arrangements, if any; capital markets conditions;
estimated leverage metrics; the repayment of debt arrangements;
statements concerning the additional income to the Company as a
result of ownership interests in equity investments and the timing
of such income; the payment of future dividends, if any; completion
of additional debt arrangements, and additional investments;
national and international economic, business, real estate and
other market conditions; the competitive environment in which the
Company operates; the execution of the Company's business plan;
financing risks; the Company's ability to maintain its status as a
REIT for income tax purposes; acquisition and development risks;
potential environmental and other liabilities; and other factors
affecting the real estate industry generally or healthcare real
estate in particular. For further discussion of the factors that
could affect outcomes, please refer to the "Risk factors" section
of the Company's Annual Report on Form 10-K for the year ended
December 31, 2018 and as updated by the Company’s subsequently
filed Quarterly Reports on Form 10-Q and other SEC filings. Except
as otherwise required by the federal securities laws, the Company
undertakes no obligation to update the information in this press
release.
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version on businesswire.com: https://www.businesswire.com/news/home/20200108005843/en/
Tim Berryman Director – Investor Relations Medical Properties
Trust, Inc. (205) 969-3755 tberryman@medicalpropertiestrust.com
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