Burjeel Holdings Strengthens Portfolio with $46.3 Million Acquisition in Dubai
Deal News | Jun 24, 2025 | Zawya
Burjeel Holdings has completed the acquisition of the Medeor 24x7 Hospital building in Dubai for AED 170 million ($46.3 million). This strategic move allows Burjeel Holdings to transition from leasing to full ownership of the facility, eliminating a long-term lease liability of approximately AED 343 million over the next 15 years. The acquisition is intended to bolster Burjeel's operational control and asset base, supporting its growth objectives in Dubai and the Northern Emirates. The company aims to ensure uninterrupted operations, preserve brand equity, and enhance flexibility for future expansions and upgrades. The CEO, John Sunil, emphasized the significance of the move in strengthening Burjeel Holdings' platform for growth. Medeor 24x7 Hospital, operational since 2015, is a JCI-accredited multi-speciality facility. In addition to this acquisition, Burjeel has recently expanded its specialized mental health services under the Alkalma platform.
Sectors
- Healthcare
- Real Estate
- Private Equity
Geography
- United Arab Emirates – The acquisition and operations are centered in Dubai, a key region within the UAE.
- Dubai – The specific location of the Medeor 24x7 Hospital building, central to the acquisition.
Industry
- Healthcare – The acquisition involves a multi-speciality hospital, indicating a direct involvement in the healthcare industry.
- Real Estate – The acquisition deals with the ownership transition of a building, relevant to the real estate industry.
- Private Equity – Burjeel Holdings' strategic acquisition aligns with typical activities conducted by private equity firms to strengthen asset portfolios.
Financials
- $46.3 million – The acquisition price for the Medeor 24x7 Hospital building.
- AED 170 million – The local currency value of the acquisition price for the Medeor 24x7 Hospital building.
- AED 343 million – The remaining lease liability eliminated by Burjeel Holdings through the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Burjeel Holdings | Bidding Company | Company | Healthcare group acquiring the Medeor 24x7 Hospital building to expand and improve its operations in Dubai. |
| Medeor 24x7 Hospital | Target Company | Company | A JCI-accredited multi-speciality hospital in Dubai involved in the acquisition deal. |
| John Sunil | CEO | People | CEO of Burjeel Holdings, providing strategic insights on the acquisition's impact. |
| Aspris Healthcare | Other Company | Company | Provides facilities integrated into Burjeel Holdings' Alkalma mental health and wellbeing platform. |