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Al Mal Capital REIT buys Dubai’s NMC Royal Hospital for AED 1.4B, entering healthcare sector.
Al Mal Capital REIT (AMCREIT) has acquired NMC Royal Hospital in Dubai Investments Park for approximately AED 1.4 billion, marking its first healthcare sector investment and sixth asset.
The 492,332-square-foot property includes two hospital blocks and a leased commercial building, operating under a long-term lease with a 17-year weighted average unexpired term.
The hospital, managed by NMC Healthcare, offers 120 inpatient beds, outpatient services, emergency care, and a pharmacy.
The acquisition expands AMCREIT’s portfolio into essential infrastructure, reflecting a strategic shift toward resilient, income-generating assets in response to growing healthcare demand in the UAE.
Al Mal Capital REIT compra el NMC Royal Hospital de Dubai por AED 1.4B, entrando en el sector de la salud.