Press release
Medical Properties Trust and Praemia REIM Joint Venture Announces €702.5 Million Refinancing Transaction
6/17/25
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW)and Praemia REIM today announced that their 50/50 joint venture (“the JV”) has refinanced its maturing seven-year debt agreement. This €702.5 million non-recourse, 10-year non-amortizing debt is secured by a portfolio of German rehabilitation hospitals operated by MEDIAN, the largest operator of rehabilitation hospitals in Europe. The lending group comprises a consortium of global institutional, insurance and pension investors led by Song Capital, a European real estate investment firm.
