Capital investment in property assets key to REIT performance, says Australian Unity
Addressing a recent forum Mr Smith said that the Australian Unity Healthcare Property Trust’s forward looking development pipeline of $529m to strengthen key assets, contributed to the Trust’s solid returns by attracting high occupancy rates and a strong list of tenants across the country.
With a portfolio of 39 healthcare-related properties across the country and another $163 million in projects under assessment, the future looks bright for Australia’s largest healthcare property fund.
“We’re always working with tenants to improve or expand these properties. This, in turn, allows us to put in place long-term leases with satisfied and committed tenants, which ultimately enables us to deliver consistent returns for investors” he said.
Australian Unity’s Healthcare Property Trust invests in healthcare-related property assets with a primary focus on delivering regular income, plus the potential for capital growth over the longer term. It includes the ownership of the infrastructure supporting the healthcare system including hospitals, medical clinics, nursing homes, day surgeries, medical offices, consulting rooms, rehabilitation units, radiology and pathology centres.
For more information on Australian Unity Healthcare Property Trust, go to
https://www.australianunity.com.au/wealth/investment-options/property/healthcare-property-trust-wholesale
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For media enquiries contact:
Nathan Clarke, Six O’Clock Advisory
Ph: 0400 442 414
This information is general information only. The Australian Unity Healthcare Property Trust – Wholesale Units is issued by Australian Unity Funds Management Limited ABN 60 071 497 115 AFS Licence No. 234454. Effect 8 April 2016, new investor applications and additional application from existing investors were temporarily suspended. The information in this document is general information only and is not based on the objectives, financial situation or needs of any particular investor. In deciding whether to acquire, hold or dispose of the product, investors should obtain the current Product Disclosure Statement (PDS) and consider whether the product is appropriate for them. A copy of the PDS is available at australianunity.com.au/wealth or by calling our Investor Services at 13 29 39.
About Australian Unity
Australian Unity is a national health, wealth and living mutual company providing services to almost one million Australians, including 300,000 members. Australian Unity’s history as a trusted mutual organisation dates back to 1840. It has grown organically—by continually evolving to provide the services and products needed by the communities it serves—as well as through successful strategic mergers and diversification in to new business activities.