Goodwin has advised the 50/50 joint venture between Medical Properties Trust and Praemia REIM on a 702.5 million Euro financing. The debt is secured by a portfolio of German rehabilitation hospitals operated by MEDIAN and was used to repay a 655 million Euro secured loan.
Medical Properties Trust is a real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. The company is one of the world’s largest owners of hospital real estate with 393 facilities and approximately 39,000 licensed beds in nine countries and across three continents as of March 31, 2025.
Praemia REIM is a leading European real estate asset manager with over EUR 36 billion Euro in assets under management and a portfolio of more than 1,600 buildings spanning 11 countries. The firm designs and manages a broad range of real estate investment solutions covering the office, healthcare and education, retail, residential and hospitality sectors.
Goodwin’s transaction team was led by Munich partner Dr. Anke Johann and included partners David Evans and Richard Semple (London) and Catharina Förster, Felix Krüger (Frankfurt), counsel Elie-Raphael Soudry (Luxembourg) and associates Kira Müller, Timo Baumann and Olha Polischuk.