Blue Owl acquires U.K. hospital portfolio for £1.3B

Corporate Action
โดย Seeking Alpha·Read original
Summary · why it matters

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.

Impact on stocks 2

Financials · 2 stocks
Blue Owl Capital Inc
OWL
▲ PositiveCapitalrelevance

Blue Owl Capital Inc acquires a £1.3B U.K. hospital portfolio through its European Net Lease Fund.

Blue Owl Capital Corporation
OBDC
▲ PositiveCapitalrelevance

Blue Owl Capital Corporation's parent acquires a £1.3B hospital portfolio, expanding its real estate assets.

Off-coverage companies 2

Employees Provident FundPrivate▼ Negative
Capitalrelevance

Employees Provident Fund sells a portfolio of 12 U.K. private hospitals for £1.3B.

Moor Park Capital PartnersPrivate▲ Positive
Capitalrelevance

Moor Park Capital Partners will continue as asset manager for the acquired hospital portfolio.