North Shore Health Hub nearing completion
Dexus and Healthcare Wholesale Property Fund’s (HWPF) North Shore Health Hub (NSHH) strong leasing activity continues with two new medical businesses recently committed. Development and construction is progressing on schedule, with the bridge link just completed and the two towers and onsite retail due for completion in early 2021.
The recently completed bridge link will allow for the direct transfer of patients and staff between the existing private hospital and the new surgery suites in NSHH removing the need for ambulance transfers and providing a safe fully enclosed pedestrian link between the two facilities.
John Dillon, HWPF Fund Manager said, “This state of the art 15,900sqm healthcare facility in the heart of the Royal North Shore Health (RNSH) precinct sets new benchmarks for health workplaces, catering to the specific needs of patients and practitioners alike. This development provides investors with a unique addition to the Fund’s high quality portfolio and the opportunity to participate in an asset class which has exceptional long term potential.”
NSHH will integrate a range of medical services, including consultation suites, a day surgery, and research and education facilities. Recently committed customers include Rockwell GP with a 350sqm commitment and Douglass Hanly Moir with 275sqm. They will be joining leading health care specialists including Ramsay Health Care, North Shore Radiology and GenesisCare.
The NSHH seeks to bring the RNSH campus to life, through sustainable design and strategic through-site linkages, converting the existing hospital site into a new health and innovation precinct. The ground floor entrance brings the outside in with interior finishes in tactile materials and natural fibres, including timber. Inspired by native medicinal botanicals, these spaces are designed to be a living ecosystem: helping create symbiotic connections within this elite healthcare precinct. Open spaces, including an outdoor terrace with stunning district views, provide opportunities for staff to socialise, share insights and thrive. NSHH is targeting 5 Star Green Star design and as built rating on completion.
Investor Relations Manager
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