Canadian REIT enters UK hospital market with BMI acquisition

BMI The Cavell Hospital is among the six acquired by the Canadian REIT

Toronto-based NorthWest Healthcare Properties Real Estate Investment Trust has entered the UK private hospital market with the acquisition of six BMI properties for £97.8m. The hospitals were part of the ‘Magnolia’ portfolio owned by a syndicate of investors led by Netcare and were not part of Hospital Topco Ltd, which sold 30 BMI hospitals to…

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