TIMELINE

TIMELINE

SINCE INCEPTION, MPT HAS HAD A STRONG VISION ― AND GREAT SUCCESS

The company understands healthcare and the needs of hospitals it acquires. From its founding to the present, MPT has influenced the industry time and again with pioneering business decisions and bold moves, positioning it as a global leader. Hospital operators and investors have noticed and have fueled the company’s growth.

MPT continues to do what it does best—acquire great hospitals and offer capital solutions that help them serve their communities.

2003

MPT is founded by Ed Aldag. Co-founders Emmett McLean and Steve Hamner join the company that summer.

2004

Acquires its first six properties from Vibra Healthcare for an immediate presence in six states coast to coast.

After beginning operations as a REIT, MPT receives initial capital funding of $233 million through a private 144A offering.

2005

Completes its initial public offering and is listed on the New York Stock Exchange at $10.50/share on July 7.

2008

From 2006-2008, investments grow by nearly 75% to more than $1.3 billion, and by 2008 annual revenue exceeds $100 million.

2010

After performing well through the financial crisis, MPT restarts its acquisition program, investing more than $200 million.

2011

Completes its first unsecured bond financing, raising $450 million.

2012

Announces the acquisition of a 16-property portfolio operated by Ernest Health, Inc., for $300 million and a $100 million investment in the operator.

2013

Acquires 11 properties in Germany from RHM Klinik for $245 million, representing the first hospital transaction outside the United States by any U.S. REIT; acquisition is financed through the issuance of a Euro-denominated bond.

2014

Completes its first transaction in the U.K. with the acquisition of Circle Bath Hospital, an award-winning acute care facility in Bath, England.

Announces agreement to acquire 40 hospitals operated by MEDIAN Kliniken, one of Germany’s top rehabilitation hospital operators.

Standard & Poor’s 500 index upgrades MPT’s corporate credit rating to BB+ and raises MPT’s senior notes to BBB-.

2015

MPT announces the single largest transaction in its history: Capella Healthcare, Inc., for $900 million. The Capella transaction includes seven hospitals and nearly 1,200 beds.

Acquires eight acute care hospitals in northern Italy operated by Policlinico di Monza for approximately approximately $100 million. It marks MPT’s first investment in Italy.

2016

Acquires nine acute care hospitals operated by Steward Health Care in a $1.25 billion transaction.

Commences closing on $297 million acquisition of 29 post-acute hospitals leased to MEDIAN in Germany.

2017

Opens European office in Luxembourg.

Acquires 11 IASIS hospitals in Arizona, Utah, Texas and Arkansas for $1.4 billion and leases to Steward Health Care.

2018

Completes a joint venture with Primonial Group for 71 German post-acute hospitals valued at approximately $1.8 billion, with total proceeds of $1.25 billion.

2019

Acquires 11 Australian hospitals from affiliates of Healthscope, Ltd., for $859 million.

Acquires a 46% interest in a $900 million portfolio of Swiss healthcare real estate company Infracore SA, including 13 acute care hospitals operated by Swiss Medical Network, the second largest private hospital operator in Switzerland.

Announces agreements to acquire 24 U.S. hospitals for approximately $1.75 billion. These include 16 hospitals operated by Prospect Medical Holdings, Inc., for $1.55 billion; seven community hospitals operated by Saint Luke’s Health System for $145 million; and one acute care hospital operated by Halsen Healthcare for $55 million.

Announces the acquisition of 10 LifePoint Health acute care hospitals across six U.S. states for $700 million.

Acquired property in Portugal, bringing the total number of countries where MPT has assets to eight.

2020

Closes on the acquisition of 30 acute care hospitals in the U.K. from BMI Healthcare for approximately $2.0 billion.

Announces $1.1 billion of closed and pending investments in the U.S. and internationally, including our first investment in Colombia

MPT continues to do what it does best—acquire great hospitals and offer capital solutions that help them serve their communities.

2003

MPT is founded by Ed Aldag. Co-founders Emmett McLean and Steve Hamner join the company that summer.

2004

Acquires its first six properties from Vibra Healthcare for an immediate presence in six states coast to coast.

After beginning operations as a REIT, MPT receives initial capital funding of $233 million through a private 144A offering.

2005

Completes its initial public offering and is listed on the New York Stock Exchange at $10.50/share on July 7.

2008

From 2006-2008, investments grow by nearly 75% to more than $1.3 billion, and by 2008 annual revenue exceeds $100 million.

2010

After performing well through the financial crisis, MPT restarts its acquisition program, investing more than $200 million.

2011

Completes its first unsecured bond financing, raising $450 million.

2012

Announces the acquisition of a 16-property portfolio operated by Ernest Health, Inc., for $300 million and a $100 million investment in the operator.

2013

Acquires 11 properties in Germany from RHM Klinik for $245 million, representing the first hospital transaction outside the United States by any U.S. REIT; acquisition is financed through the issuance of a Euro-denominated bond.

2014

Completes its first transaction in the U.K. with the acquisition of Circle Bath Hospital, an award-winning acute care facility in Bath, England.

Announces agreement to acquire 40 hospitals operated by MEDIAN Kliniken, one of Germany’s top rehabilitation hospital operators.

Standard & Poor’s 500 index upgrades MPT’s corporate credit rating to BB+ and raises MPT’s senior notes to BBB-.

2015

MPT announces the single largest transaction in its history: Capella Healthcare, Inc., for $900 million. The Capella transaction includes seven hospitals and nearly 1,200 beds.

Acquires eight acute care hospitals in northern Italy operated by Policlinico di Monza for approximately approximately $100 million. It marks MPT’s first investment in Italy.

2016

Acquires nine acute care hospitals operated by Steward Health Care in a $1.25 billion transaction.

Commences closing on $297 million acquisition of 29 post-acute hospitals leased to MEDIAN in Germany.

2017

Opens European office in Luxembourg.

Acquires 11 IASIS hospitals in Arizona, Utah, Texas and Arkansas for $1.4 billion and leases to Steward Health Care.

2018

Completes a joint venture with Primonial Group for 71 German post-acute hospitals valued at approximately $1.8 billion, with total proceeds of $1.25 billion.

2019

Acquires 11 Australian hospitals from affiliates of Healthscope, Ltd., for $859 million.

Acquires a 46% interest in a $900 million portfolio of Swiss healthcare real estate company Infracore SA, including 13 acute care hospitals operated by Swiss Medical Network, the second largest private hospital operator in Switzerland.

Announces agreements to acquire 24 U.S. hospitals for approximately $1.75 billion. These include 16 hospitals operated by Prospect Medical Holdings, Inc., for $1.55 billion; seven community hospitals operated by Saint Luke’s Health System for $145 million; and one acute care hospital operated by Halsen Healthcare for $55 million.

Announces the acquisition of 10 LifePoint Health acute care hospitals across six U.S. states for $700 million.

Acquired property in Portugal, bringing the total number of countries where MPT has assets to eight.

2020

Closes on the acquisition of 30 acute care hospitals in the U.K. from BMI Healthcare for approximately $2.0 billion.

Announces $1.1 billion of closed and pending investments in the U.S. and internationally, including our first investment in Colombia