Assura plc (GB:AGR) has released an update.
Assura plc has expanded its healthcare real estate portfolio by acquiring a private hospital portfolio from Northwest Healthcare Properties REIT for £500 million, leveraging a combination of shares, debt refinancing, and credit facilities. This strategic move not only bolsters Assura’s footprint in the UK’s private healthcare sector, promising strong growth potential and supporting a robust dividend policy, but also aligns with their commitment to social impact and sustainability. The acquisition adds 14 operational private hospitals to Assura’s assets, enhancing their earnings and solidifying their position as a top diversified healthcare REIT in the UK.
For further insights into GB:AGR stock, check out TipRanks’ Stock Analysis page.
