The Heathley Direct Medical Fund No.1 is an unlisted property fund that has invested in a portfolio of direct medical properties throughout Australia. The portfolio consists of a very targeted mix of strategically located and well leased primary care based medical centres, specialist centres and small private hospitals in locations that have demographics supportive of an increasing demand for healthcare.
|Type||Unlisted Property Fund|
|Status||Closed for Investment|
|Fund Commenced||November 2014|
|Fund Term||Up to 7 years|
The Heathley Direct Medical Fund No.1 successfully acquired a portfolio of very specific medical properties valued at circa $130 million during its Investment Period which expired in June 2017. The Fund will hold the portfolio during the Portfolio Management Period where income and capital growth strategies will be applied.
Heathley have identified the medical property sector as a sound investment for the following key reasons:
The Fund will aim to provide investors with a consistent and reliable income stream derived from long-term leases to quality medical tenants and the opportunity for capital growth through active management. Returns are driven by non-discretionary demand and therefore provide resilient and less cyclical returns.
Providing scale of investment within a tightly held sector diminishes risk through diversification of tenants, properties and services, whilst enhancing potential exit strategies.