Healthcare
In USA Arzan Wealth Advises On Acquisition Of A Medical Technology Campus
Arzan Wealth (DIFC) Limited (' Arzan Wealth'), a Dubai-based advisory company regulated by the Dubai Financial Services Authority, is pleased to introduce that it has suggested its client on the purchase of a clinical modern technology campus in Orange County, California, USA.
The HQ office school, situated on 9 acres at Aliso Viejo Parkway in Orange Region, The golden state, includes 3 recently refurbished structures making up 159,746 sft, as well as is totally allow to Glaukos Corporation on a triple web basis for continuing to be term of 12 years with an annual indexation of 3%. The campus houses the head office workplaces of Glaukos along with their primary R&D centers.
Founded in 1998, Glaukos Corporation is a sensory medical modern technology and pharmaceutical company concentrated on unique therapies for the treatment of glaucoma, corneal problems, as well as retinal illness. Glaukos was the first company to present Micro-Invasive Glaucoma Surgery (MIGS), the micro-invasive procedure which revolutionized the treatment as well as management of glaucoma. Glaukos is an international entity noted in New York Stock Exchange as well as has a market cap of USD1.7 bn (since Jun 12, 2020).
Arzan Wealth acted as the Sub Strategic Advisor on the structuring as well as procurement of the possession and will continue in this role during the holding period of this investment, which is predicted to supply typical monthly income to clients equal to 9.15 % per annum.
Muhannad Abulhasan, CEO of Arzan Wealth claimed:
" We delight in to be able to advise on this special chance in the health care realty market, and also in a very preferable part of Orange Region, The Golden State. The purchase of the corporate headquarter as well as R&D centers of Glaukos Corporation exemplifies the viewpoint of Arzan Wealth, which is based upon the search of premium quality assets that provide our clients resources defense as well as a predictable regular monthly income stream. It is essential that capitalists concentrate on decreasing risks and pursuing predictable and also normal revenue streams from their profiles, particularly throughout these unpredictable economic times caused by the coronavirus pandemic. As always, our key purpose at Arzan Wealth continues to be the protection of our clients' wealth and legacies, by decreasing risks as well as branching out income resources for them and also their future generations. We are grateful to our clients for the confidence they continue to place in Arzan Wealth."