Heng Fai Enterprises (00185) said its subsidiary Global Medical REIT Inc. (GMR) has acquired an orthopedic surgery centre in Asheville, North Carolina, for US$2.52 million (equivalent to about HK$19.6 million).
The 8,840 square foot centre is walking distance from Mission Hospital, one of the largest hospitals in North Carolina. Acquired with a triple net (NNN) long-term lease, it has three operating rooms, and provides highly specialised surgical services for podiatric, hand and spinal patients.
The acquisition is in line with GMR's strategy to build a medical real estate portfolio of specialised high-acuity single-tenant medical facilities with long-term NNN leases.
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