Assura to acquire the UK private hospital portfolio of Northwest Healthcare Properties for £500m.

Assura, a real estate investment trust and developer of primary care property, agreed to acquire the UK private hospital portfolio of Northwest Healthcare Properties, a real estate investment trust, for £500m. "These high-quality assets represent significant future growth potential buoyed by favourable healthcare market dynamics in the UK and Assura's sector-leading position, long-term relationships and expertise in asset management, development and enhancement. Our conviction in Assura and their strategy is evidenced by Northwest taking an equity stake in Assura as part of this transaction, allowing us to benefit from their future success," Craig Mitchell, Northwest CEO.