RESEARCH
THE healthcare property sector is bound for further growth in the new year, with investors remaining confident despite approaching challenges in the broader economic landscape...
According to Knight Frank’s Global Healthcare Report, investors are confident in long-term opportunities in the sector, with care-related real estate reaching...
This growth reflects the shift towards an ageing global demographic, with demand expected to soar for elderly care beds and full-time nursing care in...
Globally, North American capital was the greatest contributor to the global healthcare sector in the year to June, at almost 68%...
In Australia, the healthcare sector performed second only to industrial, with average capital growth between 2017 and 2022 per annum at 6.8%, to industrial’s 10.7%...
“Institutional investment in Australia’s healthcare and life sciences sectors has gathered significant momentum in recent years, driven initially by domestic investors...
Across the country, healthcare and health-related expenditure makes up more than $241 billion each year or 10.5% of Australia’s GDP...
An estimated 73% of this is provided by the commonwealth and state governments, with around $17.5 million of the remaining $65.3 billion spent by private health insurers...
“The significance of this expenditure to healthcare real estate in Australia cannot be understated, and when considered in tandem with the fact that 23% of the population will...
Australia’s securitized healthcare real estate comprises approximately $22 billion in assets, with the major players including NorthWest Healthcare REIT, Australian Unity...
“A number of these groups have progressed from single asset, syndicate-style vehicles targeted at HNW private investors and are now securing mandates from global institutional and...
“The portfolio composition of the smaller managers is maturing from smaller primary care and allied health assets to be more reflective of the portfolios of the larger institutional and...
Over the 12 month period, the senior living sector in Australia continued to experience strong demand, as the over-65 population grew ahead of new supply across land lease...
In addition to recent M&A activity, with Bain Capital acquiring the listed 6,500-bed Estia Health platform for $838 million in August 2023...
“The aged care sector continues to face headwinds, particularly due to staffing availability and operating costs,” concluded Biggins.