Barwon is pleased to announce that in August 2021, the Barwon Healthcare Property Fund (BHPF) acquired two fully leased medical centres located in Canberra, ACT. The two properties have a combined GLA of 3,151 sqm and an average WALE of 8.3 years at acquisition and present an attractive risk-adjusted return to investors of BHPF. These assets are in close proximity to local hospitals and major shopping centres and one is situated on a large site area with potential for future expansion.
These acquisitions increase the geographic diversification for BHPF as they are the first investments made in ACT. The Barwon Healthcare property team is confident these acquisitions will be great additions to the BHPF portfolio and underpin the Fund’s strong ongoing performance.
About Barwon Investment Partners
Barwon Investment Partners is an Australian fund manager with a 15+ year track record of generating strong investment returns for institutional and wholesale clients. Barwon is independently owned with an experienced team of over 40 investment professionals focused on healthcare property, property finance and global investments.