900 CVS Locations To Get The Ax, But Healthcare Ramp-Up Rages On
Reducing its store count by about 900 over the next three years, or about 10% of its locations, the retail pharmacy giant plans to add health services at its remaining stores with three basic models — traditional drugstores, clinics dedicated to primary healthcare services, and modified versions of the company’s HealthHUBs.
Investors Are Flocking To MOB And HRE Space
A recent BOMA panel focused heavily on growing institutional investment in the MOB and HRE space, as well as soaring pricing and falling yields for the product type.
The Pandemic Has Made Healthcare More Desirable
Investors are now looking at assets that are both resilient during a recession and during a pandemic, and healthcare properties have become the perfect hedge against both.
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