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.
Construction has started on the $60 million Weststate Private Hospital, North Queensland’s newest private hospital.
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.
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.
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.
The transactions include the modern, three-level $23 million Coffs Harbour Specialist Centre (NSW) and the $21.6 million Cairns Day Surgery (QLD).
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.
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.