April Group secures Hunters Hill hospital
Asset manager April Group has picked up the Hunters Hill Private Hospital from Australian Unity’s Healthcare Property Trust. The deal
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Essential services
Not for profit sells vacant aged care home
EXCLUSIVE Mercy Health has sold an inner west Melbourne aged care home it operated until three years ago. Vacant since
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Broome clinic sells for second time in four years
A state government backed office and medical centre in Broome’s Cable Beach has sold for the second time in four
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La Trobe University kicks off $5b rebuild
Construction has started to rebuild La Trobe University’s Bundoora campus as a $5 billion education and innovation hub supported by
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Kedron commercial investment collects $21m
A retail, office and childcare asset in Brisbane’s north Kedron has sold to a private investor. The $20.7 million achieved
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Private school shelves junior campus plan, lists blue ribbon site
EXCLUSIVE Korowa is selling a large blue ribbon Melbourne site after deciding against developing a junior school and childcare centre there.
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Brisbane investor snares Newcastle hospital
Northwest Healthcare has sold the Toronto Private Hospital, south west of Newcastle, to Axon Capital. The three level, 105 bed
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Melbourne City Mission divests historic Hartnett House
Melbourne City Mission has sold its second last childcare centre after bowing out of operating in the sector. Hartnett House
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Not for profits trade aged care homes, retirement village
Presbyterian Aged Care has sold its last aged care home – part of a portfolio also with two retirement villages,
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BGH sells vacant Melbourne day hospital
BGH Capital, which this month sold its Laurent Bakery Group for $650 million delivering a 300 per cent return since
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Centuria realises modest profit on day hospital sale
Centuria has realised a modest profit selling a Far North Queensland healthcare investment after three years. The Ramsay Surgical Centre,
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Ex-premier seals bargain fertility clinic deal
Real Asset Management has sold another Brisbane healthcare investment for a loss on its outlay. The Bowen Hills Fertility Clinic
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Major fund manager enters new sector with two Gold Coast assets
Real Asset Management is recording a loss selling two Gold Coast clinics after three years. The Highlands Medical Centre and
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Another Melbourne childcare centre fetches eight figures
A modern childcare centre in Melbourne’s leafy south east has traded for $10.795 million – or $80,000 a place. The
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Growth corridor sales office fetches $3.7m for Mirvac
Mirvac has sold the two storey display suite for its Smiths Lane housing estate in Melbourne. The leaseback deal with
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Not for profit to sell historic mansion
Melbourne City Mission has listed for sale a landmark mansion developed with the Salvation Army in 1934 on one of
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Charter Hall sheds another childcare centre
Charter Hall has found an occupier to buy a Melbourne childcare centre facing vacancy next March. The 70-place complex, 43
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MPG buys, sells east coast investments
Melbourne fund manager MPG has bought and sold east coast investments for the Essential Services Property Trust. In the biggest
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Maples snatches blue ribbon Melbourne childcare centre from rival
Maples Early Learning has leased a Hawthorn East childcare centre after a commitment to a rival fell through. Starting net
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Australian Unity banks $47m from medical centre
Australian Unity has sold another asset from its flagship Healthcare Property Trust. The 4996 square metre facility in Perth’s ritzy
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Seniors living: the accommodation options
The Australian seniors living sector is a rapidly evolving industry driven by the aging population, government policies, and growing demand
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Aged care providers double down in Essendon
EXCLUSIVE Two aged care providers have swooped on prominent sites in Melbourne’s north west Essendon. At 25-29 Keilor Road, close
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Not for profit accepts discount for hospital
The Skin & Cancer Foundation has sold a west Sydney essential services asset with a leaseback. The not for profit is
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Sydney childcare centre operator leases 10th facility
Sydney based childcare centre operator Whiz Kids has committed to its 10th facility. The 113 place complex, 64 Blendon Avenue,
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Cedar Woods sells Melbourne childcare centre site
Cedar Woods has sold a commercial piece of its Mason Quarter estate, in Melbourne’s north Wollert. The 2621 square metre
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Melton chidcare centre sells for second time in 16 months
A central Melton childcare investment has sold for the second time in 16 months. Backed by Little Stars, the 100-place
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Ex-East Melbourne Specialist Day Hospital for sale
BGH Capital has listed the prominent East Melbourne Specialist Day Hospital for sale after operator Virtus relocated services undertaken there.
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Government backed apartment complexes collect $35m
An unusual essential services investment – 11 three level apartment buildings to house workers completing the Bendigo Hospital – has
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Theatre turned medical centre collects $9.1m
The historic Beacon Theatre in Fremantle, now a high quality, fully leased medical centre, has traded between private investors. The
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Natgen secures another Gold Coast investment
National & General Group, or Natgen, has bought another fully leased Gold Coast investment. For a single asset fund set
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Taverners banks $36m from Melbourne childcare centres
Taverners Group, the investment office of ex-Patrick Corporation co-owner, Peter Scanlon, is banking $35.5 million from the sale of three
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RAM takes hit with medical centre sale
Real Asset Management has suffered a loss selling a South Lake healthcare investment after two and a half years. The
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Charter Hall flips childcare centre on sub 5pc yield
Charter Hall is banking a higher than expected price for a suburban Melbourne childcare centre. Licensed for 140, a local
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Fund manager sells government-backed asset
EXCLUSIVE Dexus has broken even on the sale of a major north Adelaide healthcare investment held eight years. The GP
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Charter Hall lists Melbourne childcare centre with development upside
Charter Hall is selling a childcare centre developed on a prime piece of a 7500 square metre amalgamation earmarked 13
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Record paid for WA childcare centre
HMC Capital has divested an inner north east Perth childcare centre for $7.2 million – a record for an asset
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Regis drops $103.5m on aged care villages
Two of the state’s bigger aged care accommodation providers have traded two Mornington Peninsula investments. The Village Glen Capel Sound,
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AU lists Melbourne council office turned medical centre
Australian Unity is selling one of its most secure yet under-utilised assets – a former council office turned medical centre
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Investment manager books impressive windfall from office flip
Alceon and OPD Developers have concluded the sale of Brisbane’s ex-Golden Caskett headquarters after a major repurposing and reletting. The
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AU takes hit selling Melbourne hospital expansion sites
Australian Unity has taken a major hit selling a development site abutting the Brunswick Private Hospital, in Melbourne’s north. The
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Growth corridor childcare centre fetches $8.7m
A childcare centre development fund managed by Accord Property, created in 2015 by ex-Harmony Group founder Joe Walker and valuer,
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Heritage home set for childcare centre conversion
A heritage protected red brick home described as one of the best examples of a Queen Anne villa in Melbourne’s
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Charter Hall lists childcare centre with development upside
Charter Hall is selling one of the more valuable childcare centres from its Social Infrastructure Fund (CQE), in Sydney’s Cremorne.
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MA Financial sells Adelaide medical centre, office
MA Financial has divested a north Adelaide health hub acquired with its buyout of Ascot Capital Limited assets three years
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Melbourne council locks up prominent site for park
EXCLUSIVE Another council will invest developer contributions on a locked-up site to repurpose as a park. The City of Melbourne
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Melbourne childcare centre to set per place record
A south east Melbourne childcare centre, the delayed construction of which saw a sunset clause come effective for the high
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Aged care provider sells controversial medical centre
Lyndoch Living, which has just been bought by Respect Group, has sold a controversial three level healthcare centre it developed
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Fund manager divests Logan childcare centre
Clarence Property has sold a childcare centre held three years. Leased to Harmony Early Learning, the outskirt south east Brisbane
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Not for profit lists enormous inner city childcare centre for lease
Melbourne City Mission has listed the second of its two early learning centres for lease – part of a move
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Fund manager swoops on another SDA investment
Barwon Investment Partners has bought a new NDIS-approved Specialist Disability Accommodation investment for $3.75 million – a 9.1pc fully let
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