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Bird & Bird Middle East Advised Al Mal Capital REIT On The Acquisition Of NMC Royal Hospital’s Real Estate Assets In Dubai
Bird & Bird Middle East Advised Al Mal Capital REIT on the Acquisition of NMC Royal Hospital’s Real Estate Assets in Dubai
The global law firm, Bird & Bird Middle East, successfully advised Al Mal Capital REIT, managed by Al Mal Capital PSC, on the acquisition of the real estate assets of NMC Royal Hospital in Dubai.
This landmark transaction marks Al Mal Capital REIT’s strategic entry into the healthcare sector, expanding its investment portfolio beyond educational and industrial assets.
The hospital, located in Dubai Investments Park (DIP), comprises two hospital blocks and a fully leased commercial building. It operates nearly 120 inpatient beds, extensive outpatient services, a pharmacy, and an emergency response unit. With the completion of this transaction, the REIT’s total portfolio value has reached approximately AED 1.4 billion.
The Bird & Bird team advising Al Mal Capital REIT included Surabhi Singhi Kataria, Vince Baudille, Conor Matthews, and Becky Eade (Blackman).
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