Worldwide Real Estate News: TAIKANG LIFE TAKES $1B STAKE IN NORTHSTAR’S US-UK HEALTHCARE PORTFOLIO

Realopedia Global Real Estate Portal

It may not have the trophy value of five-star hotels, but mainland firms are starting to warm up to health care real estate investment. Nearly $2 billion has been pumped into the sector this month after Taikang Life Insurance entered into an agreement with US-based NorthStar Realty Finance to buy a $1 billion stake in its health care portfolio.

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Source : Worldwide Real Estate News: TAIKANG LIFE TAKES $1B STAKE IN NORTHSTAR’S US-UK HEALTHCARE PORTFOLIO