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By Dr. Andre Jackson | 18 November 2020

Centuria Healthcare Property Fund

Centuria Property Group have launched their Centuria Healthcare Property Fund for retail investors targeting a FY21 distribution of 5.75% p.a.The Centuria Healthcare Property Fund is an open-ended unlisted property fund which seeks to provide investors with access to a diversified portfolio of Australian healthcare and aged care properties.The Fund is currently available to retail investors providing daily unit pricing, and a quarterly withdrawal facility. The healthcare property sector offers an attractive risk/return profile with a relatively stable income stream supported by sound portfolio metrics.The Fund’s portfolio currently consists of four healthcare properties valued at $119.2M, with the Fund owning a direct interest of $102.3M. The remaining $16.9M is owned by the Nexus Property Unit Trust (NPUT) under a partnership agreement with Nexus Hospitals as the owner and operatorfor three of the properties.The agreement with Nexus provides the Fund with an alignment of interests with a key healthcare operator and tenant, as well as access to additional properties for the Fund’s growth. The Fund also owns $9.8M of units in NPUT, providing an additional indirect interest in the Nexus properties.The Fund’s Investment Manager, Centuria Property Funds No.2 Limited utilises the combined property experience from Centuria Group and Centuria Healthcare, with a strong track record of delivering returns for investors.The Manager has a pipeline of three additional properties which are under contract or with options to be acquired. Subject to the acquisition of these properties, the portfolio is expected to increase to $156.4M (Fund share is $137.6M). A further $48.1M of healthcare properties are also underconsideration, providing the potential for additional growth for the Fund.Core Property Research have completed an overview of the Fund which can be downloaded here.Core Property Group – Centuria Healthcare Property Fund Report November 2020.01DownloadMore information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article

The Centuria Healthcare Property Fund is an open-ended unlisted property fund which seeks to provide investors with access to a diversified portfolio of Australian healthcare and aged care properties.The Fund is currently available to retail investors providing daily unit pricing, and a quarterly withdrawal facility. The healthcare property sector offers an attractive risk/return profile with a relatively stable income stream supported by sound portfolio metrics.The Fund’s portfolio currently consists of four healthcare properties valued at $119.2M, with the Fund owning a direct interest of $102.3M. The remaining $16.9M is owned by the Nexus Property Unit Trust (NPUT) under a partnership agreement with Nexus Hospitals as the owner and operatorfor three of the properties.The agreement with Nexus provides the Fund with an alignment of interests with a key healthcare operator and tenant, as well as access to additional properties for the Fund’s growth. The Fund also owns $9.8M of units in NPUT, providing an additional indirect interest in the Nexus properties.The Fund’s Investment Manager, Centuria Property Funds No.2 Limited utilises the combined property experience from Centuria Group and Centuria Healthcare, with a strong track record of delivering returns for investors.The Manager has a pipeline of three additional properties which are under contract or with options to be acquired. Subject to the acquisition of these properties, the portfolio is expected to increase to $156.4M (Fund share is $137.6M). A further $48.1M of healthcare properties are also underconsideration, providing the potential for additional growth for the Fund.Core Property Research have completed an overview of the Fund which can be downloaded here.Core Property Group – Centuria Healthcare Property Fund Report November 2020.01DownloadMore information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article

The Fund is currently available to retail investors providing daily unit pricing, and a quarterly withdrawal facility. The healthcare property sector offers an attractive risk/return profile with a relatively stable income stream supported by sound portfolio metrics.The Fund’s portfolio currently consists of four healthcare properties valued at $119.2M, with the Fund owning a direct interest of $102.3M. The remaining $16.9M is owned by the Nexus Property Unit Trust (NPUT) under a partnership agreement with Nexus Hospitals as the owner and operatorfor three of the properties.The agreement with Nexus provides the Fund with an alignment of interests with a key healthcare operator and tenant, as well as access to additional properties for the Fund’s growth. The Fund also owns $9.8M of units in NPUT, providing an additional indirect interest in the Nexus properties.The Fund’s Investment Manager, Centuria Property Funds No.2 Limited utilises the combined property experience from Centuria Group and Centuria Healthcare, with a strong track record of delivering returns for investors.The Manager has a pipeline of three additional properties which are under contract or with options to be acquired. Subject to the acquisition of these properties, the portfolio is expected to increase to $156.4M (Fund share is $137.6M). A further $48.1M of healthcare properties are also underconsideration, providing the potential for additional growth for the Fund.Core Property Research have completed an overview of the Fund which can be downloaded here.Core Property Group – Centuria Healthcare Property Fund Report November 2020.01DownloadMore information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article

The Fund’s portfolio currently consists of four healthcare properties valued at $119.2M, with the Fund owning a direct interest of $102.3M. The remaining $16.9M is owned by the Nexus Property Unit Trust (NPUT) under a partnership agreement with Nexus Hospitals as the owner and operatorfor three of the properties.The agreement with Nexus provides the Fund with an alignment of interests with a key healthcare operator and tenant, as well as access to additional properties for the Fund’s growth. The Fund also owns $9.8M of units in NPUT, providing an additional indirect interest in the Nexus properties.The Fund’s Investment Manager, Centuria Property Funds No.2 Limited utilises the combined property experience from Centuria Group and Centuria Healthcare, with a strong track record of delivering returns for investors.The Manager has a pipeline of three additional properties which are under contract or with options to be acquired. Subject to the acquisition of these properties, the portfolio is expected to increase to $156.4M (Fund share is $137.6M). A further $48.1M of healthcare properties are also underconsideration, providing the potential for additional growth for the Fund.Core Property Research have completed an overview of the Fund which can be downloaded here.Core Property Group – Centuria Healthcare Property Fund Report November 2020.01DownloadMore information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article

The agreement with Nexus provides the Fund with an alignment of interests with a key healthcare operator and tenant, as well as access to additional properties for the Fund’s growth. The Fund also owns $9.8M of units in NPUT, providing an additional indirect interest in the Nexus properties.The Fund’s Investment Manager, Centuria Property Funds No.2 Limited utilises the combined property experience from Centuria Group and Centuria Healthcare, with a strong track record of delivering returns for investors.The Manager has a pipeline of three additional properties which are under contract or with options to be acquired. Subject to the acquisition of these properties, the portfolio is expected to increase to $156.4M (Fund share is $137.6M). A further $48.1M of healthcare properties are also underconsideration, providing the potential for additional growth for the Fund.Core Property Research have completed an overview of the Fund which can be downloaded here.Core Property Group – Centuria Healthcare Property Fund Report November 2020.01DownloadMore information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article

The Fund’s Investment Manager, Centuria Property Funds No.2 Limited utilises the combined property experience from Centuria Group and Centuria Healthcare, with a strong track record of delivering returns for investors.The Manager has a pipeline of three additional properties which are under contract or with options to be acquired. Subject to the acquisition of these properties, the portfolio is expected to increase to $156.4M (Fund share is $137.6M). A further $48.1M of healthcare properties are also underconsideration, providing the potential for additional growth for the Fund.Core Property Research have completed an overview of the Fund which can be downloaded here.Core Property Group – Centuria Healthcare Property Fund Report November 2020.01DownloadMore information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article

The Manager has a pipeline of three additional properties which are under contract or with options to be acquired. Subject to the acquisition of these properties, the portfolio is expected to increase to $156.4M (Fund share is $137.6M). A further $48.1M of healthcare properties are also underconsideration, providing the potential for additional growth for the Fund.Core Property Research have completed an overview of the Fund which can be downloaded here.Core Property Group – Centuria Healthcare Property Fund Report November 2020.01DownloadMore information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article

Core Property Research have completed an overview of the Fund which can be downloaded here.Core Property Group – Centuria Healthcare Property Fund Report November 2020.01DownloadMore information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article

More information on the Fund can be obtained from Centuria at the following link –https://centuria.com.au/healthcare-property-fund/home/Previous ArticleNext Article


Dr. Andre Jackson

About the Author: Dr. Andre Jackson

Dr. Jackson forecasts health precinct demand, aged care growth, and access equity in property planning. A healthcare economist and die-hard footy fan, he’s passionate about wellness-based urban design.