Healthcare

A portfolio of three South Sydney suburban care assets has sold for a total of more than $11 million following strong buyer demand in the post COVID environment.

JLL has announced that Cottesloe Medical Centre, a purpose built medical and allied health facility, has sold for $11.8 million, following a highly competitive sales campaign.

A significant 8,475sqm landholding with dual street frontages in one of Melbourne’s most affluent residential precincts has been brought to market.

Underpinned by high-calibre tenants, including an affiliate of ASX-listed Sonic Healthcare, a Morphett Vale medical centre in a high exposure location is expected to draw keen buyer interest.

Colliers has been exclusively appointed to bring the next-generation medical destination to market for leasing, Bio-Hub Adelaide, situated within Adelaide’s Bio-Med City, on behalf of Australasian Property Developments.

Well Health Care (WHC) has committed to a newly refurbished Springvale South facility in the first 2023 lease for Melbourne’s aged care/NDIS sector.

Dexus has confirmed that the Dexus Community Infrastructure Fund (CommIF), Dexus Healthcare Property Fund (DHPF) and AMP Capital Core Infrastructure Fund (CIF) have acquired a combined 30.58% interest in Celsus Holding Pty Ltd (Celsus), the consortium that manages and maintains the Royal Adelaide Hospital (RAH) under a Public-Private Partnership (PPP) taking the total stake in Celsus held by Dexus funds to 72.79%.

The Australian Bragg Centre that will house Australia’s first Proton Therapy Unit has reached a new construction milestone, topping out its 15 storeys at 74 meters.

50 Market Place, a Medical and Retail Centre located in Waterford West south of Brisbane, has sold for $9.415 million, illustrating the continued private investor demand for essential service retail and medical assets in South East Queensland.

JLL Melbourne has been appointed to sell a modern suburban medical centre at 433–435 Police Road, Mulgrave - a perfect low-cost entry point into the popular “alternative investment” sector.

With the recent COVID-19 pandemic and focus on medical innovation, the Life Sciences industry now is a major growth sector within Australia, contributing to increasing occupier and investment activity within commercial property

One of the country’s first going-concern aged care transactions of 2023 has occurred in the Victorian suburb of New Gisborne via CBRE’s Australian Healthcare & Social Infrastructure team of Marcello Caspani-Muto, Sandro Peluso and Jimmy Tat.

Multiplex yesterday launched a new Connectivity Centre to support the $835 million John Hunter Health and Innovation Precinct (JHHIP), its 14th Connectivity Centre to date and its third in the Hunter.

A fully fitted prominent day hospital located at 11 Hayling Street, Salisbury hits the national healthcare leasing market.

A brand-new speculatively constructed super medical centre located at 350 Berwick-Cranbourne Road, Clyde North is poised to hit the public healthcare leasing market.