As the Heathley Direct Medical Fund No. 2 portfolio grows we are excited to announce that the Yarrabilba Health Hub development has had its finishing touches and is open for business! An expert team of GP specialists including Women’s, Men’s and Children’s health services is servicing the burgeoning local community alongside a brand new Terry […]
We are currently growing our medical property holdings by acquiring three properties for our second multi-property healthcare property trust. This is in line with the Fund’s investment strategy of acquiring a diversified portfolio of strategically located medical properties throughout Australia, with a target acquisition value of $150 million. The soon to be acquired medical properties […]
This month marks a major milestone in the Infinite Care journey as significant refurbishments at each facility come to conclusion, and the results continue to impress and excite residents, staff and visitors. Many rooms in each facility have undergone considerable makeovers and are now tastefully decorated with quality fittings, and functional and comfortable furnishings. Maintaining […]
Heathley has this month launched its second “Direct Medical Fund”, commencing with the acquisition of the well-known Coorparoo Medical Centre for just over $18M
After a two and a half year Investment Period, Heathley’s first “Direct Medical Fund” has successfully reached its target value and closed for investment. The Fund will now be actively managed throughout the Portfolio Management Period, being up to 4 ½ years from July 2107. Fund Information
The Manager has successfully completed the sales campaign in accordance with the Fund’s strategy, exchanging unconditional contracts for all three of the properties. The results will drive an investor return in excess of original forecast, providing a 27% investor IRR.
Heathley is pleased to announce that the Heathley Medical Property Fund No.1 settled the sale of its only property, 20-22 Mons Road, Westmead NSW. The sale will provide a very healthy capital return to investors.
Heathley agrees to fund the purchase and development of Group Homes Australia residences. The properties will provide attractive diversification benefits to the existing Heathley Aged Care Property Fund No. 1 portfolio and exposure to a progressive model of specialist dementia care and highly reputable aged care operator.