Centuria Healthcare Property Fund Open for Applications
Centuria Healthcare has settled approximately $115m worth of day and short-stay hospitals for its recently launched open-ended unlisted Centuria Healthcare Property Fund.
The Fund, launched in Aug 2020, was fully subscribed within a few weeks - a litmus test for the healthcare real estate asset class. Following temporary suspension after becoming fully subscribed, it’s now re-opened with a new pipeline of properties for the portfolio.
Where Centuria Healthcare differs from its peers is through a focus on partnering with operators which provide recurring opportunities with mutual benefits for them, Centuria investors and the end-users of the properties. This creates long term ‘sticky’ tenants that maintain a robust weighted average lease expiry across the portfolio and, in turn, helps generate ongoing income dividends for the clients.
Applications are now open to new and existing investors.