US REIT buys Aspen hospitals

US property investor Health Care REIT has made its first hospital acquisition in the UK after buying four of Aspen Healthcare’s London hospitals for £226m.The hospitals, Holly House, Highgate, Parkside, and Cancer Centre London, have been leased back to Aspen, which was acquired by Tenet Healthcare in April (HMn May 2015) under a 25-year master…

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