Healthcare Property Funds

Centuria Healthcare* is a specialist fund manager in the healthcare property sector providing unlisted healthcare property investments to individual, wholesale and institutional investors.

We develop funds that drive attractive, consistent and reliable income returns for our investors, along with the potential for capital growth. On a historical basis, the healthcare property sector has delivered strong returns and experienced relatively low volatility when compared to other real estate asset classes**. These trends have been driven by:

  • Stable revenue streams (backed by government funding) allows tenants to commit to longer term leases, creating greater revenue stability
  • Non-discretionary nature of healthcare expenditure limits exposure to economic downturns.

Centuria Healthcare’s point of difference

A market leading healthcare property fund manager with over 40 years’ experience managing money for all investor types. We have a differentiated healthcare property portfolio centred around cost effective models of care, with a focus on medical centres, specialist facilities/day hospitals and residential aged care. The Centuria Healthcare team has a depth of knowledge and resources in this niche universe of property investing, enabling the sourcing and identification of exciting new investment opportunities in the healthcare landscape.

Centuria Healthcare is a preferred property partner for healthcare tenants and operators. We invest in and manages a range of healthcare property types focusing on innovative models of care that reduce cost in the sector, including medical centres, specialist facilities, private hospitals and residential aged care facilities. Centuria Healthcare transacts across the full property cycle including property development and can assist operators to unlock value and achieve growth milestones.

Contact us

If you would like more information about Centuria Healthcare, please email us at contactus@centuria.com.au.

1 Centuria Healthcare AUM, assets and mandates and unlisted fixed term funds as at 31 December 2021. Valuation on an as-if complete basis. Includes current contracted assets.

Bloomfield Medical Centre Orange

Centuria Healthcare Property Fund

The Centuria Healthcare Property Fund (CHPF) is an unlisted healthcare property fund that aims to provide monthly tax effective income.

How to invest?

Register for advanced notice of future fund opportunities.

Read our latest eBook

Why invest in the Healthcare property sector?

Closed Funds

Check our portfolio of previous unlisted healthcare property funds here.

Member of Day Hospitals Australia
*In July 2020, Centuria Heathley Pty Limited was renamed Centuria Healthcare Pty Limited and Centuria Heathley Asset Management Limited was renamed Centuria Healthcare Asset Management Limited.
In May 2019, Centuria Capital Group acquired a 63% economic interest in Heathley Limited, and its property funds management platform. Heathley Limited was subsequently renamed to Centuria Healthcare Pty Limited. The transaction introduces a new asset class to Centuria’s expanding real estate platform and fully aligns it to the healthcare property sector through a preferred and specialised property funds manager.

** Past performance is not an indication of future performance.

Centuria Healthcare Asset Management Limited (ACN 003 976 672, AFSL 246368), Centuria Property Funds No.2 Limited (ACN 133 363 185, AFSL 340 304) and Centuria Property Fund Limited (ACN 086 553 639, AFSL 231 149) are the managers and responsible entities of the healthcare property funds. Centuria Healthcare Asset Management Limited is a wholly owned subsidiary of Centuria Healthcare Pty Limited (ACN 001 477 505) and Centuria Property Funds No.2 Limited and Centuria Property Funds Limited are wholly owned subsidiaries of Centuria Capital Group (ASX:CNI).

Latest Centuria Healthcare News

16.03.2022

Centuria Forms Healthcare JV with Morgan Stanley Real Estate

Centuria Capital Group has established a new institutional healthcare partnership through a joint venture with an investment vehicle sponsored by Morgan Stanley Real Estate Investing, to be called the Centuria Prime Partnership.

28.02.2022

Groundbreaking New Short-Stay Hospital – Townsville

Construction has started on the $60 million Weststate Private Hospital, North Queensland’s newest private hospital.

30.11.2021

Healthcare Infrastructure Explained

Centuria Healthcare Managing Director, Andrew Hemming, joined CBRE’s Marcello Caspani-Muto to discuss the metrics behind viable healthcare real estate investment. This short, 15-minute podcast covers key topics.

29.11.2021

New $17m Murdoch Hospital Oncology Facility Steps Closer to Opening

Construction of the new $17 million oncology facility at St John of God Murdoch Hospital has received practical completion and the keys to the new cancer treatment centre have been handed over to leading integrated oncology provider GenesisCare, in preparation for its opening in December 2021.

21.10.2021

Centuria Healthcare’s new oncology facility receives WA’s first MR-Linac

Centuria Healthcare has celebrated a milestone in the development of its new oncology facility in Murdoch, Perth, with the delivery of Western Australia’s first MR-Linac.

16.03.2021

Centuria Healthcare to Build a $64m Hospital for doctor-led JV with Medibank

Centuria Healthcare has entered into a partnership with a specialist doctor-led JV entity to deliver a new, $64m short-stay private hospital in Kew, Melbourne.

10.03.2021

Centuria secures pair of healthcare assets for $44.6m

The transactions include the modern, three-level $23 million Coffs Harbour Specialist Centre (NSW) and the $21.6 million Cairns Day Surgery (QLD).

16.02.2021

Portfolio Initiatives

Centuria Healthcare continues to look at the roll out of solar panel installations at a number of properties in the portfolio, and we will be looking to expand this throughout 2021.

23.07.2020

Announcing Centuria Healthcare

Centuria Healthcare has launched as the new brand for all healthcare real estate owned by the previously known Centuria Heathley brand. In 2019, Centuria Capital secured a 63% interest in Heathley Limited, joining the companies together.

13.07.2020

Centuria Healthcare opens first Dementia Care Residence

Centuria’s healthcare and development teams delivered a dementia care residence in Wahroonga, run by the trusted Group Homes Australia. This innovative five-bedroom, sprawling house redefines the concept of aged living.

16.06.2020

The Cinderella of Real Estate Investments

The healthcare property sector has delivered strong returns and experienced relatively low volatility when compared to traditional real estate asset classes.

23.05.2019

Centuria announce the formation of Centuria Heathley Limited

Centuria has entered the strongly performing healthcare real estate sector with its wholly-owned subsidiary, Centuria Platform Investments Pty Ltd, acquiring a 63.06% economic interest in Heathley Limited’s (Heathley) property funds management platform for $24.4 million.

You are now leaving Centuria Australia
and entering Centuria New Zealand.

continue