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 As at 31 December 2020

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

16.03.2021

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 trio of Healthcare Assets for $57.3m

The transactions include the modern, three-level $23 million Coffs Harbour Specialist Centre (NSW), the $21.6 million Cairns Day Surgery (QLD) and the $12.7 million Murrumba Village Medical Centre (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. Other environmental initiatives are being implemented including water harvesting through the installation of tanks to deliver water savings for irrigation of gardens. A further review of energy and water consumption is also being undertaken,

23.07.2020

Announcing Centuria Healthcare

Today, 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. The rebrand marks a significant milestone in the business’ evolution. Centuria Healthcare has grown its portfolio to 50 assets under management,

13.07.2020

Centuria Healthcare opens first Dementia Care Residence

In June, 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. Residents are living independently in a typical suburban setting, with an onsite ‘home-maker’ who’s able to assist with any needs. This real estate product enables seniors to live with dignity while keeping up lifestyle activities such as gardening,

16.06.2020

The Cinderella of Real Estate Investments

Almost 50 years ago the investment sector witnessed the floating of Australia’s first real estate investment trust (REIT), shining a spotlight on commercial property’s ability to generate returns for individuals as well as institutions. While office and industrial assets continue to hold the limelight, emerging from the shadows is the overlooked, soon-to-be belle of the ball – healthcare property.

22.05.2020

Why invest in Healthcare?

In May 2019, Centuria announced the acquisition of a 63% economic interest in Heathley Limited and its property funds management platform, Heathley Asset Management Limited. Heathley Limited was subsequently renamed to Centuria Healthcare. The transaction introduces a new asset class to Centuria’s expanding real estate platform and fully aligns it to the healthcare property sector though a preferred and specialised property funds manager.

13.12.2019

Why invest in the Healthcare Property Sector?

In May 2019, Centuria announced the acquisition of a 63.06% economic interest in Heathley Limited and its property funds management platform, Heathley Asset Management Limited.  Heathley Limited was subsequently renamed to Centuria Healthcare. The transaction introduces a new asset class to Centuria’s expanding real estate platform and fully aligns it to the healthcare property sector though a preferred and specialised property funds manager.

23.05.2019

Centuria announce the formation of Centuria Heathley Limited

A Specialist Healthcare Funds Management Vehicle 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. The transaction has been funded from Centuria Capital Group’s balance sheet.  On completion of the transaction,

01.06.2018

Clean energy partnership expands Centuria Healthcare’s corporate social responsibility platform

Centuria Healthcare has partnered with renewable energy operator Solar Bay to deploy solar energy across its healthcare property portfolio. Conscious of the responsibility of property owners to improve their green footprint, along with the effect of rising electricity prices for its clients, Centuria Healthcare has: Partnered with Solar Bay Solar Bay is a disruptor in the energy industry that invests in a range of technologies that transform the way businesses consume electricity.

19.03.2018

Hall and Prior and Centuria Healthcare launch property partnership with acquisition of Tuohy Nursing Home

Centuria Healthcare Aged Care Property Fund No. 1 (CHACPF1) has recently acquired the 49-bed Tuohy Nursing Home in Midland, Perth and six surrounding properties. Centuria Healthcare has partnered with Hall and Prior to collectively fund the redevelopment of the property into a new ~120-bed residential aged care facility. In an asset class that is difficult to penetrate,

01.12.2017

Centuria Healthcare Direct Medical Fund No. 2 acquires Yarrabilba Health Hub

We are excited to announce that the Yarrabilba Health Hub development has been acquired by the Centuria Healthcare Direct Medical Fund No. 2, a new medical property which has all the right attributes. The acquisition of the Yarrabilba Health Hub: Aligns with Centuria Healthcare’s goal to invest into integrated healthcare properties (i.e. service offerings across the healthcare spectrum);

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