Grosvenor joins up with Kuwait Finance House for £380m US healthcare venture
Grosvenor Fund Management partnered with Kuwait Finance House to invest up to £380m in US healthcare real estate.
The partnership will aim the acquisition and development of private-pay senior living facilities and medical office buildings. Investments will take place through the formation of equity joint ventures with local and regional operating and development partners.
The new partnership is Grosvenor Fund Management’s third mechanism in 2011, having a combined investment capacity of £900m.
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