Blue Owl Capital IncBlue Owl Capital Inc acquires a £1.3B U.K. hospital portfolio through its European Net Lease Fund.
Blue Owl Capital has acquired a portfolio of 12 U.K. private hospitals from Malaysia's Employees Provident Fund for about £1.3 billion, or $1.7 billion, Bloomberg reported, citing people familiar with the transaction. The properties, currently managed by Moor Park Capital Partners, will continue to be overseen by the firm as asset manager, two of the people said, requesting anonymity because the deal has not yet been made public. The acquisition was made through Blue Owl's European Net Lease Fund, which has raised about €1.3 billion to date, one of the people said.
Blue Owl Capital IncBlue Owl Capital Inc acquires a £1.3B U.K. hospital portfolio through its European Net Lease Fund.
Blue Owl Capital CorporationBlue Owl Capital Corporation's parent acquires a £1.3B hospital portfolio, expanding its real estate assets.
Employees Provident Fund sells a portfolio of 12 U.K. private hospitals for £1.3B.
Moor Park Capital Partners will continue as asset manager for the acquired hospital portfolio.