Singapore: IHH and PLife REIT collaborate on new hospital master lease agreements

Mount Elizabeth Novena Hospital, Singapore

Malaysia-based IHH Healthcare and Singapore-based PLife REIT have announced a strategic collaboration for new master lease agreements with three hospitals in Singapore. The agreements provide business continuity and sustained rental income for the next 20.4 years. There is also an option to renew for a further 10 years. The new agreements cover Mount Elizabeth Hospital…

You must be a HMI Subscriber to view this content.

Subscribe Now »