Assura and Universities Superannuation Scheme formed a joint venture in a £250m deal.

Assura, a company that designs, builds, invests in and manages GP surgery buildings and primary care premises, and Universities Superannuation Scheme, the largest private pension fund in the UK, formed a joint venture in a £250m deal. “We are delighted to announce this exciting transaction with a high-quality and long-term capital partner in USS. This important transaction highlights the attractive investment characteristics in the healthcare sector and specifically the long term resilient cash flows generated by our assets. As well as demonstrating our ability to re-deploy capital into our pipeline of opportunities in broader healthcare markets, we have sourced new capital that will fund investment in healthcare infrastructure that is so badly needed to enable better health outcomes," Jonathan Murphy, Assura CEO.