Asset Manager

Updated:

Medical Properties Trust

Medical Properties Trust is a hospital-only REIT investing in acute-care facilities across the US and Europe via sale-leasebacks and operator investments.

Medical Properties Trust logo

Medical Properties Trust

With healthcare expertise and global reach, Medical Properties Trust (MPT) is the leading source of capital for hospitals, working with operators in the U.S. and Europe.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Birmingham

Corporate office

Birmingham, AL, United States

Sector focus

Real EstateHealthcare Services

Frequently asked questions

What investment structures does Medical Properties Trust use?

MPT primarily uses sale-leaseback transactions — acquiring a hospital real estate asset and leasing it back to the operator under a long-term agreement. It also provides capital through direct investments in hospital operators and funds facility expansions and new development projects.

Which geographies does MPT target for hospital investments?

The firm owns properties in nine countries, including the United States, United Kingdom, Switzerland, Germany, and Spain, with additional exposure across other European markets. Its allocation is intentionally balanced between US and European acute-care assets.

Does MPT operate the hospitals it owns?

No. MPT is a pure real estate owner and financier. It separates property ownership from clinical operations entirely — hospital operators maintain full responsibility for patient care, staffing, and service delivery while MPT holds the underlying real estate.

What types of hospital properties does MPT invest in?

The portfolio concentrates on acute-care facilities, including general hospitals, specialty surgical centers, and rehabilitation hospitals. It targets existing operating hospitals, newly constructed facilities, and expansion projects requiring real estate capital.

How does MPT source its investment opportunities?

The firm works directly with hospital operators seeking to monetize their real estate or fund growth. Its healthcare expertise and established operator relationships across the US and Europe generate a pipeline of sale-leaseback and structured investment opportunities.

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