US real estate investment trust Medical Properties Trust has acquired a Portuguese hospital complex for €28.2 million.
The acquisition of the complex – which is where the José de Mello Group’s CUF Viseu Hospital is located – represents Medical Properties Trust’s first foray into the Portuguese market.
Medical Properties Trust – which is based in Birmingham, Alabama in the US – is dedicated to the acquisition of health care facilities subject to long-term lease agreements. The company also owns properties in the US, Australia, Germany, Italy, Spain, Switzerland and the United Kingdom.
Medical Properties Trust completed acquisitions worth $4.5 billion in 2019.
RRP Advogados advised Medical Properties Trust on the CUF Viseu Hospital deal. The RRP Advogados team included Ricardo Reigada Pereira (pictured), Hélder Santos Correia and Tamara Martins da Fonseca.