Assura to buy £500m private hospital portfolio

Assura has agreed a deal to acquire Northwest Healthcare Properties’ UK private hospital portfolio for £500m. To fund the deal for the 14 asset portfolio, the company plans to issue Northwest £100m in shares, refinance £266m of debt, draw down £80m from its revolving credit facility and use £54m of cash. Portfolio overview The portfolio … Continue reading Assura to buy £500m private hospital portfolio