Healthcare

Industry superannuation fund-backed property investor ISPT and industry super fund HESTA have announced a joint venture partnership to acquire a 50-year ground lease from St Vincent’s Health Australia (SVHA), on which they will co-develop an ‘on hospital campus’ medical office building of circa 12,000 sqm in the heart of Melbourne’s healthcare precinct.

Builder and developer Hillbrook has officially commenced construction on Arche, a Specialist Disability Accommodation (SDA) project located at 18 Anderson St, Werribee.

Stonebridge Property Group has sold and settled a medical clinic near Geelong, regional Victoria to Australian Unity for $9.5m

Stage 1 of Charter Hall’s $350 million Westmead Innovation Quarter (iQ) precinct has reached practical completion, with Western Sydney University taking occupation of their tenancy within the state-of-the-art complex.

A substantial building suited to both Healthcare and Commercial Office is poised to be offered via lease in the coming weeks

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

A health-care asset proposed to be developed by partners Mathieson Property and PWD has been granted Gateway by the NSW Department of Planning and Environment, achieving a major milestone in the rezoning process. Branded Camperdown Modern, the project is set to be completed in 2025 and will be positioned to capture a critical shortfall in healthcare services forecast through to 2032.

A significant leasing opportunity comprising two specialist disability (SDA) accommodation apartment buildings is poised to hit the market in the coming months.

Mercy Health has divested one of its former Aged Care homes located in Springvale South

As population growth — and with it the demand for healthcare — continues to escalate in Western Sydney, the Nepean community today welcomed the official opening of Cornerstone Healthcare Property Fund’s (CHP Fund) Nepean Health Hub, bringing a range of healthcare services to the region.

Centuria Healthcare Property Fund has secured more than $115 million worth of healthcare real estate.

The former Mount Eliza Aged Care home of Chronos Care is set to be offered for sale with Vacant Possession in the coming weeks.

Gosford is becoming a powerhouse of Australia medicine with plans announced for a $30M state-of-the-art Health Hub in Showground Rd.

Centuria Capital Group has established a new institutional healthcare partnership through a joint venture with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI), to be called the Centuria Prime Partnership (CPP).

A landmark Aged Care home in Springvale will continue the recent run of Vacant Aged Care opportunities across the Australian property market over the past 12 months.