HMC completed the acquisition of Healthscope Hospital portfolio from Medical Properties Trust for $1.2bn.

HMC, an alternative asset manager, completed the acquisition of Healthscope Hospital portfolio from Medical Properties Trust, a real estate investment trust, for $1.2bn. “HMC Capital is pleased to announce another major transaction for the group which delivers on our strategy to deploy capital into high quality alternative assets with significant pricing power and development upside on behalf of our capital partners. Our partnership with Healthscope on this transaction enabled HMC Capital to shape a compelling transaction with a significantly improved tenant covenant and rental growth upside via CPI-linked indexation and higher development returns," David Di Pilla, HMC Capital Managing Director.