Wires

Medical Properties Trust to buy 30 UK hospital facilities for 1.5 bln pounds

Dec 23 (Reuters) - Medical Properties Trust Inc (MPT) said on Monday it agreed to buy 30 acute care hospital facilities in the UK for about 1.5 billion pounds ($1.94 billion).

The facilities are leased to affiliates of BMI Healthcare, a private operator of acute hospitals in the UK, healthcare-based real estate investment trust MPT said https://reut.rs/2EMsckX in a statement.

The transaction is expected to close in the first quarter of 2020.

In a related transaction, affiliates of Circle Health, another U.K.-based hospital operator, will buy BMI. ($1 = 0.7728 pounds) (Reporting by Bharath Manjesh in Bengaluru; Editing by Subhranshu Sahu)