In an article published by Urban Land on May 22, 2013, Leslie Braunstein writes that despite efforts to reduce healthcare costs, healthcare spending is now about 17 percent of the American gross domestic product (GDP), heading for 20 percent. The Affordable Health Care Act is expected to add 30 million newly insured Americans seeking medical care in new venues, while the aging American population will increase demand for medical services. Healthcare delivery appears to be moving in two different directions: acute care is being consolidated into ever-larger hospitals that can share resources and achieve economies of scale, while outpatient care is being distributed throughout communities. Developers and investors must watch healthcare industry trends closely in order to make the right decisions.
GROSVENOR INVESTMENT MANAGEMENT, KUWAIT FINANCE HOUSE FORM PARTNERSHIP TO INVEST IN UP TO $600 MILLION OF U.S. HEALTHCARE PROPERTY
Grosvenor Investment Management US, Inc. (GIM) has formed an investment partnership with Kuwait Finance House (KFH), one of the world’s leading Islamic banks, to invest in up to $600 million of U.S. healthcare-related real estate. This is GIM’s second investment partnership with KFH. GIM is the North American subsidiary of London-based Grosvenor Fund Management (GFM). […]