HeathCo Healthcare and Wellness REIT

HealthCo Healthcare & Wellness REIT today announces a strategic partnership with Mater, one of Queensland’s largest not-for-profit private hospital operators and has confirmed the acquisition of two other health & wellness assets.

HealthCo Healthcare & Wellness REIT released its results for the full-year ended 30 June 2022 delivering in excess of its IPO PDS forecasts but flagging a buy intention to avoid the REIT trading at a discount to NTA.

The HealthCo Healthcare and Wellness REIT have reported a 4% gain in valuations across 27 properties in their portfolio.

The HealthCo REIT has been relatively quiet in recent months as it bed's down its recent acquisitions and focuses on its delivery pipeline.

HealthCo Healthcare & Wellness REIT has agreed to acquire approximately $200m of high- quality property acquisitions which are consistent with the REIT’s core strategy.

HealthCo have confirmed the acquisition of 13 Childcare Centres leased to national tenants for $108m.

HomeCo has finalised its underwriting arrangements for the proposed HealthCo Healthcare and Wellness REIT and has now lodged a product disclosure statement with the Australian Securities and Investments Commission in anticipation of listing in September.

HomeCo has set out the details of the proposed $555m HealthCo REIT offering investors a 4.5% yield and potential growth from exposure to a the healthcare megatrends.

Home Consortium has entered into a deal to acquire a portfolio of 8 GensisCare oncology clinics worth $110m and Camden land bank worth $29m as it seeks to build scale and diversification for the proposed ASX-Listed of HealthCo.