19 October 2017

Centuria Healthcare Direct Medical Fund No. 2 grows with three acquisitions

Centuria Healthcare Direct Medical Fund No. 2 has recently secured three additional medical assets with varying yet complementary attributes that will significantly strengthen the fund metrics and quality of assets.

The assets are:

  1. 18 Prowse Street, West Perth WA – A fund-through refurbishment of an existing commercial building into a day hospital for one of Australia’s leading day hospital operators;
  2. 9 Ashgrove avenue, Ashgrove QLD – A greenfield development of a primary care and allied health medical centre providing exposure to development returns; and
  3. River City Private Hospital, Auchenflower QLD – A modern, private day hospital with expansion potential located in an affluent inner suburb of Brisbane.