Healthcare

Elanor Investors has announced a recapitalisation of the $289 million Elanor Healthcare Real Estate Fund, providing a full liquidity event for Fund investors.

HDR has been appointed as the lead design firm on three healthcare projects across the public and private sectors in a series of significant appointments for the practice.

Businessman Tim Gurner, founder and CEO of the $10billion Gurner Group, has embarked on a mission to redefine the global health and wellness industry with a world first, multi-million-dollar health, wellness, recovery and anti-ageing concept club, Saint Haven.

ISPT, HESTA and UniSuper, as part of the Plenary Health consortium, will partner with UNSW Sydney to develop the circa $600 million Health Translation Hub (HTH) project in the heart of the Randwick Health & Innovation Precinct.

Construction of Adeney Private Hospital, which will be operated by a doctor-led joint venture with Medibank, is underway with developer Centuria breaking ground on the $75million, four-storey building today.

Denton Corker Marshall + HDR, in collaboration with Arcadia Landscape Architecture and Aileen Sage, have won the design competition for the Sydney Biomedical Accelerator (SBA), a 36,000m2 health, research and education facility that is set to create an Australian benchmark for the integration of world-leading biomedical science with clinical research and innovation.

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