NHS Medical Portfolio, UK

Background and Opportunity

  • Aggregation of a diverse portfolio of medical facilities across the UK with long term leases backed by the NHS
  • Business plan involves the granular acquisition of single assets and small portfolios on and off market, as well as through local auctions and sale-leasebacks
  • Limited competition for small assets creates an opportunity to aggregate a portfolio of scale with discounted government income

Transaction Progress

  • The portfolio includes 30 assets acquired in multiple transactions
  • Active tenant engagement and lease management to improve facilities and extend lease terms

Current Status

  • Acquisition programme proceeded throughout 2020 and is ahead of business plan
  • A pipeline of 10 new acquisitions are at various stages of analysis and due diligence