Press release

Al Mal Capital REIT (AMCREIT) acquired the NMC Royal Hospital real estate asset in Dubai Investments Park, marking the fund's first investment in the healthcare sector.
The acquisition brings the REIT’s total portfolio to six income-generating assets with an aggregate value of approximately AED 1.4 billion.
The property spans 492,332 square feet and includes two hospital blocks with nearly 120 beds and a fully leased commercial building operated by NMC Healthcare.
The hospital blocks are under a long-term lease agreement with a residual Weighted Average Unexpired Lease Term (WAULT) of approximately 17 years.