Dexus Healthcare Property Fund buys private hospital in Qld for $51m
Dexus Healthcare Property Fund (DHPF) has announced it has acquired Southport Private Hospital in Queensland for approximately $51 million.
It was the first transaction for the $1.8 billion fund since it subscribed $220 million equity raise in July 2023.
DHPF Fund Manager Jemma Maddick said that through the acquisition the fund has extended its partnership with Ramsay Health Care.
“This investment is in line with the fund’s strategy of securing core, CPI linked, long WALE, high-quality healthcare assets leased to blue-chip operators in key areas with high demand for healthcare services.
“The 20-year lease provides income security, backed by Australia’s largest private hospital operator, Ramsay Health Care,” she said.
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