As many markets continue to show signs of volatility, and in many cases general weakness, health and aged care industries continue to show consistent and strong signs of underlying demand growth.
Heathley’s strategy of aligning itself with this growth has proven to show early signs of success as it acquires, manages and sometimes sells medical and aged care properties, which comprise well-leased properties with sound tenants in strong socio-economic areas.
The Heathley Direct Medical Fund No. 2 (Fund) is an unlisted property fund that invests in a portfolio of direct medical properties throughout Australia.
Heathley is currently raising approximately $45 million of equity to acquire three additional properties for the portfolio. The acquisitions increase the Fund’s portfolio to 11 properties with a total current value of approximately $253 million.