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Healthpeak Properties

All articles tagged with #healthpeak properties

business2 years ago

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.

business2 years ago

Healthpeak and Physicians Realty Trust Announce $21B Merger Deal in Real Estate Expansion

Healthpeak Properties and Physicians Realty Trust have announced an all-stock merger valued at approximately $21 billion. Under the terms of the agreement, Physicians Realty Trust shareholders will receive 0.674 shares of newly issued Healthpeak stock for each share held. The combined company will have a portfolio of 52 million square feet of properties, including 40 million square feet of outpatient medical properties in high-growth markets. The merger is expected to generate cost savings of at least $40 million by the end of the first year and up to $60 million by the end of the second year. The transaction is projected to be accretive to adjusted FFO per share for both companies.