*For Institutional Clients Only
Healthcare & Life Sciences Fund is an unlisted Real Estate Fund focussed on investing in healthcare property in the Asia Pacific region. The fund will be seeded with an A$1.3bn portfolio of high quality metropolitan private hospital assets located in Australia’s major capital cities (80% Sydney and Melbourne) and gain exposure to a significant A$1.3bn+ pipeline of hospital and life sciences development opportunities. The platform will target 12%+ IRR.
Target large–scale hospital and life sciences property investments delivering attractive total returns
A$1.3 billion+
Target Fund Size
12% levered IRR
Target Return
A$1 billion+
Development pipeline
A$187 billion+
Total addressable market in Australia alone
Fund Strategy
The Fund targets infrastructure-like healthcare assets (large-scale hospitals and life sciences precincts) with upside via accretive brownfield re-investment opportunities and complimentary greenfield development exposure.
Seed Hospital Portfolio
- Metro portfolio of 7 private hospitals
- 100% leased to national operator Healthscope on long-term leases
- Absolute triple net leases with CPI-linked escalations
- A$300m+ brownfield development pipeline with yield on cost >6%
Greenfield Development Opportunity
- Opportunities located in high-growth metropolitan locations
- Platform investors able to participate in developments targeting value-add returns
Platform for long-term growth
- Healthcare property sector growth underpinned by secular megatrends
- Highly scalable sector with A$187bn+ addressable market opportunity in Australia
- Growing demand for alternative asset classes which provide non-correlated returns vs. traditional property assets
Key Portfolio Metrics
Portfolio value
$1.3bn
WALE
16 years
Occupancy
100%
Total portfolio
- 7
assets - Portfolio value: $944m
Tenant: Healthscope (2nd largest Private Hospital operator in Australia)
- 2
properties - Victoria
- 1
property - Queensland
- 3
properties - New South Wales
- 1
property - Western Australia
The Team
Management Team
Nicholas McKeith
UHF Fund Manager
Scott Muir
Financial Controller
Jourdon Whitfield-Horesh
Senior Associate
Amany Cummins
Financial Analyst
Our Commitment
As an owner, developer and manager of long duration assets we are committed to sustainable practices that drive long term value creation and achieve a positive impact on the communities in which we operate.
Find out more about our commitment to sustainabilityEnquiries
Contact us for more information on the fund or how to invest: