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Healthpeak Properties Announces $925 Million of Transaction Activity

Business

Healthpeak Properties Announces $925 Million of Transaction Activity
Business

Business

Healthpeak Properties Announces $925 Million of Transaction Activity

2026-01-12 20:00 Last Updated At:23:40

DENVER--(BUSINESS WIRE)--Jan 12, 2026--

Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced recent transaction activity totaling approximately $925 million, reflecting continued execution on the Company’s capital allocation strategy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260112275547/en/

With the addition of the 1.4-million square foot Gateway Boulevard campus, Healthpeak’s South San Francisco portfolio now spans 6.5 million square feet across 210 acres, further solidifying its leadership position in one of the world’s most dynamic biotechnology submarkets.

“Our recent transaction activity is directly aligned with the thesis we outlined on our October 2025 earnings call,” said Scott Brinker, Healthpeak’s President and Chief Executive Officer. “We are capitalizing on strong demand for outpatient medical real estate by selling fully stabilized assets at low-6% cap rates and reinvesting that capital into highly strategic life science assets in our core submarkets at low-6% going-in yields with meaningful upside through lease-up of the remaining vacancy. This strategy allows us to acquire irreplaceable assets in core submarkets at a significant discount to replacement cost while improving our submarket positioning and leveraging the scale and capabilities of our lab platform to create shareholder value.”

South SanFranciscoCampus Acquisition

In December 2025 and January 2026, Healthpeak closed on the acquisition of a 1.4-million square foot campus on 29 acres located on Gateway Boulevard in South San Francisco for a total of $600 million. The campus is approximately 60% occupied and includes a 15,000-square foot amenity building, along with significant additional density potential over time. The acquisition deepens and expands Healthpeak’s tenant relationships within the submarket. Healthpeak’s footprint in South San Francisco now totals approximately 6.5 million square feet across 210 acres, further solidifying its leadership position in one of the world’s most dynamic biotechnology submarkets.

Outpatient Medical Dispositions

During the fourth quarter of 2025, Healthpeak closed on outpatient medical dispositions totaling approximately $325 million, representing approximately 834,000 square feet of fully stabilized assets.

Healthpeak is in various stages of negotiation and execution on additional outpatient medical sales, recapitalizations, and loan repayments that could generate proceeds of approximately $700 million or more. These potential transactions would provide further flexibility to recycle capital into highly pre-leased outpatient medical developments, acquire assets with significant upside, and/or repurchase shares.

ABOUT HEALTHPEAK PROPERTIES

Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery. For more information regarding Healthpeak, visit www.healthpeak.com.

Included in the seven-building Gateway Boulevard campus is 751 Gateway Boulevard, a 231,000 square foot lab building fully leased to Genentech through September 2034.

Included in the seven-building Gateway Boulevard campus is 751 Gateway Boulevard, a 231,000 square foot lab building fully leased to Genentech through September 2034.

TALLINN, Estonia (AP) — Belarus’ authoritarian President Alexander Lukashenko on Thursday ordered the release of 250 political prisoners as part of a deal with Washington that lifted some U.S. sanctions, the latest step in the isolated leader’s effort to improve ties with the West.

Lukashenko pardoned the prisoners after meeting with U.S. President Donald Trump’s special envoy for Belarus, John Coale, in the Belarus capital of Minsk. Coale hailed the release as a “significant humanitarian milestone” and a testament to Trump’s “commitment to direct, hard-nosed diplomacy.” It marked the largest one-time release of political prisoners in the country.

Coale told reporters that the U.S. will lift sanctions from two Belarusian state banks and the country's Finance Ministry, and that the top Belarusian potash producers have been removed from a sanctions list.

Belarus' opposition leader-in-exile, Sviatlana Tsikhanouskaya, hailed the prisoners' release as “a moment of great relief and hope.”

“After years of isolation, people are now free and can finally embrace their loved ones,” Tsikhanouskaya told The Associated Press. “There is nothing more powerful than seeing someone who endured unjust imprisonment reunited with their family.”

She thanked Trump and his officials for their "tireless efforts to secure the release of political prisoners," adding that “these humanitarian efforts are saving lives.”

The last time U.S. officials met with Lukashenko, in December, Washington announced the easing of sanctions on Belarus' potash sector, a key source of export revenue, and 123 prisoners were released and sent to Ukraine and Lithuania.

A close ally of Russia, Minsk has faced isolation for years. Lukashenko has ruled the nation of 9.5 million with an iron fist for more than three decades, and the country has been sanctioned repeatedly by Western countries — both for its crackdown on human rights and for allowing Moscow to use its territory in the full-scale invasion of Ukraine in 2022.

Lukashenko’s rule was challenged after a 2020 presidential election, when tens of thousands poured into the streets to protest a vote they viewed as rigged. They were the largest demonstrations since Belarus became independent following the 1991 collapse of the Soviet Union.

In an ensuing crackdown, tens of thousands were detained, with many beaten by police. Prominent opposition figures either fled the country or were imprisoned.

Five years after the mass demonstrations, Lukashenko won a seventh term last year in an election that the opposition called a farce.

More recently, Belarus has freed some political prisoners to try to win favor with the West. Since Trump returned to the White House last year, Lukashenko has released dozens of prisoners, including Nobel Peace Prize laureate Ales Bialiatski and key dissident figures Siarhei Tsikhanouski, Viktar Babaryka and Maria Kolesnikova.

Trump spoke to Lukashenko by phone in August 2025 after one such release and even suggested a face-to-face meeting in what would be a big victory for the Belarusian leader, who has been dubbed “Europe’s Last Dictator.”

Dzianis Kuchynski, an adviser to Tsikhanouskaya, said that 15 of the 250 prisoners arrived in Lithuania following their release.

They included Valiantsin Stefanovich and Marfa Rabkova of the prominent Belarus human rights group Viasna. Stefanovich was serving a nine-year sentence on charges of smuggling money to finance activities violating the public order after his arrest in 2023. Rabkova was sentenced to 14 years and nine months following her 2020 arrest and conviction on charges of organizing riots and inciting hatred, accusations widely seen as a punishment for documenting human rights abuses.

Nasta Loika, 37, an activist with the international rights group Human Constanta, was also released. She was sentenced to seven years in prison after her arrest in 2022 on charges of organizing mass unrest and inciting hatred - charges widely seen as retaliation for her activism.

Also freed was Katsiaryna Bakhvalava, 32, who also goes by the last name of Andreyeva, a journalist of the Polish-funded Belsat TV channel who was arrested in 2020 while covering mass anti-government protests in Minsk. She was sentenced to more than eight years in prison on convictions for violating public order and treason.

Eduard Palchys, a 35-year-old opposition blogger, was also among those pardoned by Lukashenko. He was convicted of causing harm to Belarus’ national security and organizing mass unrest over his role in coordinating the demonstrations in 2020. and sentenced to 13 years in prison.

Like previously released prisoners, they were all sent to Lithuania without passports or other identity papers. Kuchynski denounced it as a “mockery” by Belarusian authorities seeking to make the lives of the released prisoners more abroad more difficult.

Just before the latest announcement of releases, the Viasna group had estimated that there were more than 1,100 political prisoners in the country.

Tsikhanouskaya emphasized that “many people are still behind bars” and "our goal remains unchanged — to free them all and to put a final end to repression, so that every Belarusian can live freely in their own country.”

In this photo released by Belarusian presidential press service, Belarusian President Alexander Lukashenko, right, and U.S. Presidential envoy John Coale, second right, talk during their meeting in Minsk, Belarus, Thursday, March 19, 2026. (Belarusian Presidential Press Service via AP)

In this photo released by Belarusian presidential press service, Belarusian President Alexander Lukashenko, right, and U.S. Presidential envoy John Coale, second right, talk during their meeting in Minsk, Belarus, Thursday, March 19, 2026. (Belarusian Presidential Press Service via AP)

In this photo released by Belarusian presidential press service, Belarusian President Alexander Lukashenko, right, and U.S. Presidential envoy John Coale talk during their meeting in Minsk, Belarus, Thursday, March 19, 2026. (Belarusian Presidential Press Service via AP)

In this photo released by Belarusian presidential press service, Belarusian President Alexander Lukashenko, right, and U.S. Presidential envoy John Coale talk during their meeting in Minsk, Belarus, Thursday, March 19, 2026. (Belarusian Presidential Press Service via AP)

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