Healthcare

Office heavyweight Dexus has flagged a significant push into healthcare property and has teamed with its specialist fund to snap up the Australian Bragg Centre in Adelaide from private developer Commercial & General for $446.2m.

Sometimes a commercial property hits the market that’s so unusual or iconic it has to be seen to be believed.

Property experts are tipping the expected  “explosion” of growth in the healthcare system to fuel demand for office space in Australia’s post-pandemic market.

Mental health organisations are pooling their resources in a bid to buy a mothballed hospital amid fears Victoria won’t cope with a looming mental health crisis.

Geelong’s front line in battling the COVID-19 pandemic could provide a boost to the owners of a major city medical centre who have listed it for sale.

A landmark property with its own hospital on the outskirts of Melbourne could be revamped as a European-style health retreat and medispa.

The strong demand for alternative property assets has been put on display with investors pouring almost $300m into the country’s largest unlisted healthcare property fund.

New Town residents have welcomed Hobart City Council’s refusal of a private hospital proposed for New Town Rd.

Canada’s NorthWest Healthcare Properties Real Estate, which this year teamed up with private equity in a successful $4.4 billion takeover of Australia’s second-largest private hospital operator Healthscope, will start selling off as much as $390 million worth of property in Australia.