Healthcare Magazine May 2015 | Page 50

BUILDING THE HEALTHCARE PROPERTIES OF THE FUTURE

Australian Unity Real Estate Investment ( AUREI ) is proud of its long standing partnership with Healthe Care .
Since 2006 , Healthe Care has been a tenant in the Australian Unity Healthcare Property Trust ( HPT ). The HPT is Australia ’ s largest and most successful healthcare real estate investment trust and currently owns a portfolio of 27 hospitals , medical centres and healthcare-related properties across Australia .
A Healthe partnership with an experienced capital partner
As the demand for healthcare services increases in line with Australia ’ s rapidly ageing population there is significant scope to expand , improve and upgrade existing hospitals and medical centres to meet this growing demand . The HPT has undertaken , and continues to work on , a number of developments that provide win-win outcomes for patients , the wider community and investors .
Development Snapshot :
Brunswick Private Hospital ,
Victoria
Brisbane Waters Private Hospital ,
NSW Central Coast
• $ 9.1 million re-development completed in May 2012 – delivering 67 new beds for rehabilitation and general medical services .
• Property purchased for $ 16.2 million in July 2014 .
• $ 5.6 million to be spent on re-furbishing the 78 bed general hospital complex .
The Valley Private Hospital ,
Mulgrave , Victoria
Townsville Private Clinic ,
Queensland
• $ 23 million development , delivered 38 new beds , four new operating theatres and an endoscopy room ( Stage One ).
• $ 14.6 million development will deliver 60 new beds and a multi-deck car park ( Stage Two ).
• $ 15.6 million development to construct additional medical consulting suites ( Stage Three ).
• Property purchased for $ 5.5 million in October 2014 .
• $ 7.5 million to be spent converting the property into a 60 bed mental health hospital to cater for increased demand for mental health services in the area .
Further Information
The Australian Unity Healthcare Property Trust is issued by Australian Unity Funds Management Limited ABN 60 071 497 115 , AFSL 234454 . The information here is general information only and does not take into account the financial objectives , situation or needs of any particular investor . Before deciding whether to acquire , hold or dispose of a product , investors should read the Trust ’ s current Product Disclosure Statement ( PDS ). A copy of the PDS can be obtained by calling 13 29 39 or visiting australianunityinvestments . com . au .
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