Medical Properties (MPW) Disposes of 11 Facilities to UCHealth
Medical Properties Trust(MPW) ZACKS·2024-08-16 16:40
Medical Properties Trust, Inc. (MPW) — also known as MPT — recently concluded the disposition of 11 freestanding emergency department (FSED), primary care, imaging and urgent care facilities in Colorado to University of Colorado Health ("UCHealth") for $86 million. The move is in line with the company's capitalrecycling strategy. Reflecting positive sentiments, shares of MPW gained 5.34% on Aug 15 regular trading session on the NYSE. The company plans to allocate the proceeds obtained from the transaction t ...