Generation Healthcare REIT™ is
an Australian healthcare real estate investment trust and is wholly owned by NorthWest Healthcare Properties REIT (TSX: NWH.UN).
The portfolio of 16 properties includes hospitals, medical centres, residential aged care, 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 $621 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.
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 December 2016