Healthcare Realty completed the merger with Healthcare Trust of America in a $17.6bn deal.

Healthcare Realty, a healthcare facility real estate investment trust, completed the merger with Healthcare Trust of America, a healthcare facility REIT, in a $17.6bn deal. “We believe all shareholders will benefit from the company’s expanded national footprint from HR’s Seattle portfolio to HTA’s Boston portfolio. The company will have unmatched market scale in concentrated clusters, meaningful corporate and operational synergies, and a larger development pipeline. We believe this transaction will be accretive through near term synergies with additional value from operational upside. It will also strengthen the combined balance sheet, enhance liquidity and improve access to capital. This combination provides a significant value creation opportunity for shareholders,” Todd Meredith, Healthcare Realty President and CEO.