The Company is focused on its top priorities of capital allocation and operational momentum to accelerate FFO growth and improve dividend coverage. CAPITAL ALLOCATION MOMENTUM Announced a $383 million JV with KKR at a 6.6% cap rate with expected proceeds of $300 millionExpects additional proceeds of more than $300 million within 90 days from separate transactionsRepurchased 3.0 million shares totaling $41.7 million in April OPERATIONAL MOMENTUM Delivered multi-tenant absorption of 57,000 square
Beyond analysts' top -and-bottom-line estimates for Healthcare Realty Trust (HR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
Contributes seed portfolio valued at $383 million to the JV, resulting in proceeds of approximately $300 million Additional KKR capital commitment of up to $600 million to increase the potential value of the JV to more than $1 billion NASHVILLE, Tenn., May 06, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it has entered into a strategic joint venture (JV) relationship with KKR to jointly own and invest in quality medical outpatient buildings. Health