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Healthcare Realty Trust Provides Update on Capital Allocation Progress
HRHealthcare Realty Trust rporated(HR) GlobeNewswire News Room·2024-06-03 20:05

227millionofproceedsfromcontributionstoKKRJVRepurchasedsharestotalingover227 million of proceeds from contributions to KKR JV Repurchased shares totaling over 175 million NASHVILLE, Tenn., June 03, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) announced in early May that it had entered into a strategic joint venture with KKR ("KKR JV") to own and invest in quality medical outpatient buildings. To date, the Company has contributed 10 properties to the KKR JV that have generated $227 million of proceeds. The Company expects to contribute additional prop ...