About the Fund
    About the Responsible Entity
    Board of Directors
    Corporate governance
    About the Manager
    Management team

About the Fund

Generation Healthcare REIT™ (ASX code: GHC) is Australia’s only healthcare ASX listed real estate investment trust. The portfolio of 13 properties includes hospitals, medical centres, laboratories and other purpose-built healthcare facilities. The Fund partners with high quality healthcare tenants with strongly diversified income streams. The Fund has total assets under management of $341 million with investments located in Victoria, Queensland and New South Wales.

The strategy of the Fund is to:

  • Own quality healthcare-related real estate over the long term that will add value and provide strong risk adjusted returns for the Fund’s investors;
  • Partner with high quality healthcare tenants, providing secure, long term cash flows; and
  • Deliver a value-adding philosophy, consistently seeking ways of improving the Fund’s existing assets and sourcing other high quality opportunities for the Fund. With Management’s depth of experience and track record of success within the sector, we are able to leverage opportunities to add value to the Fund and its investors.

Key features

  • Healthcare property has low volatility and is typically less cyclical than other property classes, providing attractive risk-adjusted returns for investors.
  • Demand for health services is growing due to an ageing population, increased life expectancy and advances in medical technology, providing further opportunity in the sector.

Key data as at 31 December 2014

Number of properties 13
Assets under management $341 million
Major tenants Epworth Foundation, Australian Red Cross Blood Service, Pulse Health Pty Ltd, Healthscope Ltd, Cura Day Hospitals, QUT, Sonic Healthcare, Virtus Health, Melbourne Health, Independent Practitioner Network, and Pacific Smiles
Number of tenants 100
Weighted average lease expiry 11.6 years
Net lettable area 74,581m²
Occupancy (by income) 98.6%
Weighted average capitalisation rate 8.20%