Medical Properties Trust (NYSE:MPW) is a real estate investment trust (REIT) focused on acquiring, financing, and owning net-leased hospital facilities. Through sale-leaseback transactions, direct acquisitions and recapitalizations, the company provides capital to healthcare operators while maintaining long-term, triple-net lease agreements. Its portfolio encompasses general acute care hospitals, rehabilitation facilities and other healthcare-related real estate assets and is structured to deliver stable, long-duration rental income streams.
Founded in 2003 and based in Birmingham, Alabama, Medical Properties Trust completed its initial public offering in 2004. Since inception, the company has grown its portfolio through both domestic and international investments, targeting strategically located facilities in markets with growing demand for healthcare services. Its approach emphasizes partnerships with experienced hospital operators, enabling facility expansions, modernizations and improvements without the operators needing to deploy their own capital.
Medical Properties Trust’s portfolio spans several countries and regions, including the United States, United Kingdom, Germany, Italy, Australia and select markets in Asia and Scandinavia. By diversifying its holdings across multiple jurisdictions, the company mitigates regional concentration risk while capitalizing on global trends in population aging and rising healthcare utilization. It continues to pursue opportunities in markets with attractive regulatory frameworks and long-term demographic growth profiles.
Edward K. Aldag Jr., who co-founded the company in 2003, serves as chairman and chief executive officer. Under his leadership, the firm has assembled a management team combining deep expertise in real estate finance, capital markets and healthcare operations. Medical Properties Trust aims to maintain disciplined underwriting standards and strong operator relationships, positioning it to support the evolving needs of the healthcare industry.
