Essential Healthcare Trust
Essential Healthcare Trust
ING Medical Properties refers to the reference today in The Australian Financial Review regarding a potential acquisition of the assets of the Essential Healthcare Trust by the ING Medical Properties Trust (the “Trust”).
Orchard Capital Investments Limited, the manager of the Essential Healthcare Trust, has granted the Trust an exclusive period within which to undertake due diligence and negotiate potential transaction terms which may or may not lead to a transaction.
However, the Manager confirms that the Trust has not entered into any commitment to acquire assets of the Essential Healthcare Trust. A further announcement will be made if this position changes.
ENDS