Medical Properties Trust


Medical Properties Trust, Inc., based in Birmingham, Alabama, is a real estate investment trust that invests in healthcare facilities subject to NNN leases. The company owns properties in the United States, Australia, Germany, Italy, Spain, Switzerland, and the United Kingdom.
The company owns equity interest in several healthcare providers. Current and past investments have included Steward Health Care, Capella Healthcare, and Ernest Health.

History

The company was founded on August 27, 2003.
In 2005, the company acquired the Northern California Rehabilitation Hospital for $20.75 million and the Chino Valley Medical Center for $21 million.
In 2012, the company acquired Ernest Health in a $400 million transaction.
In March 2016, the company merged its investment in the operations of Capella Healthcare with RegionalCare.
In October 2016, the company invested $1.25 billion in Steward Health Care System.
In May 2017, the company announced plans to invest $1.4 billion in 10 acute care hospitals and a behavioral health facility.
In August 2019 it bought eight U.K. hospitals operated by Ramsay Health Care and 16 hospitals operated by Prospect Medical Holdings. In December 2019, The Medical Properties Trust has decided to purchase nearly $ 2 billion – or £1.5 billion – from 30 hospitals in the UK.