20 April 2022 – A portfolio of high-quality healthcare real estate assets, which are geographically dispersed throughout Australia and underpinned by high-calibre operators, has been brought to market, providing a rare opportunity to invest in turnkey properties.
The $140million nine-asset healthcare portfolio is jointly marketed by Cushman & Wakefield and JLL. The properties include five QLD 
asset, two VIC assets, a NSW asset and a WA asset. The properties are divested by the seven-year established, unlisted closed-end fund, Centuria Healthcare Direct Medical Fund No. 1.
The healthcare real estate market has experienced significant maturity within the past seven years and the divestment is set to capture the sector’s strong tailwinds, which are supported by sustainable market fundamentals such as limited supply, an ageing population and increasing operator demand.
The assets are to be sold individually in any combination, or in one-line through Mike Walsh, Peter Court and Frederic Le Fanue of Cushman & Wakefield and Simon Quinn, Elliott O’Shea, Nigel Freshwater and Mark Stafford of JLL.
According to Mike Walsh of Cushman & Wakefield, the portfolio is expected to be hotly contested given the appetite for the medical / healthcare asset class across Australia.
“This is set to be one of the most anticipated portfolio sales of 2022 - providing scale, geographical diversification and exposure to a highly sought-after asset class.
“The portfolio boasts a strong tenancy profile, underpinned by a mix of blue chip tenants and a highly desired range of uses including Private Hospitals, Medical Specialist Centres and Mental Health facilities to name a few.”
Simon Quinn of JLL stated “We have seen an influx of investor demand for healthcare assets, with capital being drawn to the sector’s defensive and non-cyclical income streams.
“We expect significant interest, locally and off-shore from a wide range of Institutional, Syndication & Private Capital groups” he said.
This national portfolio is for sale via EOI closing on Thursday 2 June 2022.
High-Quality $140m Healthcare Portfolio Hits the Market
Jessica Freeman • 20/04/2022
MEDIA CONTACTS
How can we help?
Get in touch with one of our professionals.
Recent Media Releases
Australia’s resources capital sees home of WA Government hit the market
The mining, gas and oil industries of the West Coast are roaring ahead, as state borders re-open and investors flock to the resources capital of Australia, in a bid to secure a safe haven asset with strong lease covenants.
Jessica Freeman • 04/05/2022
Adelaide CBD yields continue to show value as interstate and offshore buyers flock to City of Churches
As the City of Churches powers ahead in its post-pandemic recovery, Adelaide has become the focus of strong interest from local, national and offshore investors.
Jessica Freeman • 03/05/2022
Jenny Craig weighs in on St Kilda Road premises
Jenny Craig has leased a 699sqm office on Level 1, 468 St Kilda Road, Melbourne from Australian Unity Investment Management Administration Pty Ltd paying $375 per sqm net under a six year lease.
Jessica Freeman • 03/05/2022