Healthpeak Properties' Mega Acquisition Boosts Dividend Stock and Medical Property Market
Healthpeak Properties and Physicians Realty Trust have agreed to merge in an all-stock transaction valued at $21 billion, creating a larger-scale healthcare real estate investment trust (REIT). The merger will enhance the combined company's income, portfolio, and growth prospects while maintaining a strong balance sheet. The deal positions the new Healthpeak to capitalize on high-growth markets and increase its ability to pay dividends, potentially leading to future dividend growth.