Healthcare

Animal health company Zoetis has secured a historic manufacturing site in Melbourne’s most prominent biomedical research precinct from the Victorian government.

Big malls and offices are out, and data centres, healthcare, life sciences, childcare and self storage are in.

A family is farewelling a modern pharmacy that has existed on the site since Victorian times and been cherished for 75 years. Auctions are emotional events and for retired pharmacist Reece Burgess, the upcoming Burgess …

The funds management arm of KordaMentha has swooped on a private hospital in Melbourne in a $76m deal that is the single largest in the sector this year.

Sales and enquiry levels for commercial property are down, nudging yields up and creating price uncertainty. But opportunistic investors aren’t going anywhere. The commercial property market is in a bind this year. Sales volumes and …

The move will see Northwest sell down its 16 per cent holding in the massive wholesale trust.

For commercial property players, there’s plenty to like about the new federal budget, which will boost the childcare, healthcare and industrial sectors, encourage planning reform and prove our fiscal strength to overseas investors, experts say.

The budget provides targeted relief to those who need it most, with a focus on housing, improving access to childcare and healthcare.

Healthcare assets have attracted keen interest from private investors at a maiden auction event, with the auction’s success a reflection of the robust commercial property sector.