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Medical Properties Trust closes $2B investments in hospitals

Medical Properties Trust Inc. closed on its investments of approximately $2.0 billion to acquire the real estate interests of eight U.K. hospitals operated by Ramsay Health Care and 16 hospitals operated by Prospect Medical Holdings Inc.

The healthcare real estate investment trust bought the eight hospitals from Secure Income REIT PLC in a deal that closed Aug. 16, while the deal for the 16 hospitals closed Aug. 23.