First KKR and then Nuveen add $1.4 billion in value to Healthcare Realty. Year-to-date, the real estate investment trust completed $800 million in joint venture and asset sale transactions, generating about $700 million in proceeds.
Anchored by a state-of-the-art, 160-bed hospital built within close proximity to public transit, the development will deliver a mixed-use innovation campus that incorporates life sciences; research and development; manufacturing (cGMP); industrial; office; and retail buildings.
Although first-half market reports from two of the larger commercial real estate services firms heavily involved in healthcare real estate might not provide absolute answers, they do include some interesting data about the sector and, perhaps, where it’s headed.
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