Medical Properties Trust has entered into an agreement with Macquarie Infrastructure Partners V to form a partnership in which a MIP V controlled subsidiary will acquire a 50% interest in a portfolio of eight Massachusetts-based general acute care hospitals currently owned by MPT and operated by Steward Health Care System.
MIP V is an Americas-focused $6.9 billion unlisted infrastructure fund managed by Macquarie Asset Management. The transaction values the portfolio at approximately $1.78 billion. Read more.
