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    Become a Deals+Insights member to read TPG creates European outpatient real estate platform from €400m worth of MOBs bought from Northwest Find out more
HBI Deals+Insights / News

TPG creates European outpatient real estate platform from €400m worth of MOBs bought from Northwest

Martin De Benito Gellner July 7, 2026
Private equity investor TPG has launched a specialist outpatient real estate investment platform to hold the €400 million worth of German and Dutch medical outpatient buildings (MOBs) it bought from Canada-based healthcare REIT Northwest in January, and acquire similar additional properties. The platform, called Arcura Medical Properties, will remain fully owned by TPG’s real estate investment branch (TPG Real Estate), but will operate “independently”, managed by Simon Betty as CEO, who formerly headed Northwest’s European branch, along with his team.
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