Healthcare Wholesale Property Fund (HWPF)
Healthcare Wholesale Property Fund (HWPF) is a new open-ended unlisted property fund.
The Fund has a high quality seed portfolio of approximately $370 million of properties (on completion value) and a weighted average lease expiry of 28 years. The seed assets include the Adelaide Calvary Hospital (under construction) and GP Plus Health Care Centre in Adelaide. In addition to the seed assets, the new Fund has an identified potential pipeline of a further $390 million of opportunities.
The Fund has a clearly defined strategy to build a diversified healthcare portfolio and increase the scale of the Fund, supported by:
- a high calibre specialised management team,
- best practice corporate governance, with a majority independent Board and a unitholder elected Advisory Committee, and
- manager co-investment providing alignment of interest.
The Fund is intended for "wholesale clients" as defined in sections 761G (4) and (7) of the Corporations Act and is a Managed Investment Scheme.
Investor due diligence for the Fund is currently underway. To obtain a login to access the due diligence materials, please contact: