The Healthcare Realty Trust and the Healthcare Trust of America have agreed on a strategic business combination worth $ 18 billion.

The transaction will make it one of the largest REITs for clean medical practices in the market with 727 properties with a total area of ​​44 million square feet – almost twice the square area of ​​the next largest MOB portfolio. The company has the largest portfolio of real estate on the hospital campus or adjacent properties with an area of ​​28.2 million square feet. Also, 94% of the square feet in the portfolio are among the top 100 MSAs.

Read here to know more: https://www.globest.com/2022/02/28/healthcare-reits-merge-in-18b-deal/