Assura plc Advances Asset Disposal Strategy

Assura plc (GB:AGR) has released an update.

Assura plc, the UK’s leading healthcare REIT, has successfully completed the sale of 12 assets for £25 million, aiding in the reduction of its revolving credit facility. The company continues to progress in its disposal programme, targeting further asset sales valued at £110 million and identifying additional assets worth £90 million for potential sale. This strategic move follows their significant acquisition of a £500 million private hospital portfolio, as Assura aims to optimize its financial structure.

For further insights into GB:AGR stock, check out TipRanks’ Stock Analysis page.