Health Care REIT plans to sell its life sciences holdings and reinvest in HRE
By Murray W. Wolf
In today’s low interest rate environment, it can be difficult to find moderate-risk investments that will deliver double-digit returns. But Toledo, Ohio-based Health Care REIT Inc. (NYSE: HCN) appears to have done just that with its investment in a bioscience real estate portfolio in University Park, a mixed-use bioscience campus adjacent to the Massachusetts Institute of Technology (MIT) in Cambridge, Mass.
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