Barwon Investment Partners Champions Mental Healthcare with $36m Avive Clinic Brisbane Opening

February 16, 2024 / Healthcare Property

Barwon Investment Partners (Barwon) is proud to announce its collaboration with Avive Health to unveil a ground-breaking 63-bed private hospital facility in Brisbane. This facility aims to establish a new benchmark in private mental healthcare, reflecting Barwon’s commitment to transforming healthcare infrastructure.

Avive Clinic Brisbane, the result of this collaborative effort, is a visionary project dedicated to delivering unparalleled patient experiences an outcomes in the mental health space.

The state-of-the-art facility boasts 63 single bedrooms, seven group therapy rooms, ten consulting suites, a dedicated fitness studio, rooftop deck, and patient lounge areas. It offers comprehensive services, including inpatient treatment, day patient programs, and outpatient consultations for various mental health conditions, substance use disorders, and trauma, with a particular focus on supporting emergency and first responders.

Srimathi Iyengar, Portfolio Manager at Barwon, explains the Barwon Institutional Healthcare Property Fund’s (BIHPF) commitment to delivering a much-needed resource to the wider Brisbane community:

“We continue to pursue investments in sectors that are underserviced and seek to contribute to making a meaningful impact to people’s lives and the community. Avive Clinic Brisbane marks the seventh dedicated mental health facility added to the BIHPF’s portfolio, with plans for continued investments into mental health supporting properties Australia-wide.”

Tom Patrick, Director and Head of Healthcare Property at Barwon, highlights Barwon’s immense pride in being the primary investor of the Avive Clinic Brisbane facility stating:

“The facility represents a transformative milestone in healthcare infrastructure, intertwining innovation and patient-centred design to truly reflect a value-based healthcare model. This new private hospital will cater to the evolving needs of parties and healthcare providers, and we are proud to have partnered with Avive Health to deliver this new facility.”

Co-founder and Co-CEO of Avive Health, Mark Sweeney, emphasises that the facility is unlike anything seen before, incorporating the latest health design principles, technology-integrated care, and trauma aware programs.

ENDS

Transaction and Media Enquiries

Srimathi Iyengar
Portfolio Manager
Barwon Investment Partners
srimathi.iyengar@barwon.net.au

Mekala Shanker
Marketing & Communications Manager
Barwon Investment Partners
mekala.shanker@barwon.net.au
0402 897 339

 

About the Barwon Institutional Healthcare Property Fund (BIHPF)

The Barwon Institutional Healthcare Property Fund was launched in November 2016 and aims to provide institutional investors with a portfolio of Australian healthcare property investments.

BIHPF comprises a high quality, diversified portfolio of Australian healthcare property investments including hospitals, private specialist facilities, day surgeries, medical centres, and ancillary healthcare assets.

BIHPF aims to generate an attractive income return, quarterly distributions, and the potential for capital growth.

About Barwon Investment Partners

Barwon Investment Partners is an Australian fund manager with a 17+ year track record of generating strong investment returns for institutional and wholesale clients.

Barwon is independently owned with an experienced team of 50 investment professionals focused on healthcare property, property finance and global investments.

 

 

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