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BRIEF-Ventas Inc says buys medical campus in Rhode Island
March 14, 2017 / 10:03 PM / 8 months ago

BRIEF-Ventas Inc says buys medical campus in Rhode Island

March 14 (Reuters) - Ventas Inc:

* Says purchased life science, research and medical campus in Providence, Rhode Island from affiliates of Blackstone Real Estate Partners VIII

* Expects investment to be accretive to 2017 normalized funds from operations per share

* Ventas funded transaction using cash on hand and other capital sources

* Deal for nearly $130 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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