Fund Overview
The Barwon Healthcare Property Fund is an open-ended fund which invests nationally in healthcare real estate. The Fund’s assets include a variety of primary and secondary care facilities, tenanted by some of Australia’s largest private medical providers, in addition to State Government tenants. The Fund targets acquisitions that provide wholesale investors with target quarterly distributions of approximately 5% – 6% p.a. and the potential for capital growth, targeting a total return of 8%-10% p.a. net of fees.
The Fund holds a well-diversified portfolio of quality healthcare properties including:
The properties are predominantly located in major metropolitan and regional cities across Australia.
Investment Team
Tom Patrick
Head of Healthcare Property, Partner
Tom Patrick
Head of Healthcare Property, Partner
Tom is Head of Healthcare Property, and a Partner and Director of Barwon. Tom has ultimate responsibility for the Barwon Healthcare Property Fund, the Barwon Institutional Healthcare Property Fund and the Barwon Disability Accommodation Fund totaling in excess of $2.4bn of AUM. Tom has over 20 years’ experience in property funds management, advisory and banking in both the healthcare and direct commercial property in both domestic and international markets.
MSc Real Estate Management and Development (UK) Grad. Dip. Property, B. Comm., Grad. AICD
Education:
MSc Real Estate Management and Development (Heriot-Watt University -UK) Grad. Dip. Property, B. Comm., Grad. AICD, RICS candidate
Sophie Bannerman
Portfolio Manager
Sophie Bannerman
Portfolio Manager
Sophie is a Portfolio Manager at Barwon, focused on management of the Barwon Healthcare Property Fund. Sophie has over 9 years of real estate investment experience in addition to prior investment banking and legal experience. Prior to joining Barwon in 2021, Sophie worked as an Investment Director for Centuria Healthcare, responsible for the sourcing and execution of healthcare transactions. Sophie also has investment banking experience with Credit Suisse and legal experience with National Australia Bank. Sophie is an admitted lawyer to the Supreme Court of Queensland.
Education:
B. Comm. (Finance) & B. Laws (Hons) (University of Queensland), Grad. Dip. Legal Practice (Australian National University).
Josh Bennett
Investment Manager
Josh Bennett
Investment Manager
Josh is the Investment Manager for Barwon’s Healthcare Property Fund, with a focus on transactions, investment analysis, due diligence and valuations.
Prior to joining Barwon, Josh worked as a commercial property valuer specialising in the healthcare and retirement living property sectors and has further experience in the wider property industry, having worked as a Quantity Surveyor for New Zealand’s largest construction company. Josh holds a Bachelor of Commerce (Finance) from the University of Otago (New Zealand), Bachelor of Construction (Construction Economics), from the Unitec Institute of Technology (New Zealand) and a Graduate Diploma in Property Valuation from the University of Melbourne. Josh is a Chartered Surveyor with the Royal Institute of Chartered Surveyors (RICS).
Education:
BCom (University of Otago – NZ), BConst. (Unitec Institute of Technology – NZ), Grad. Dip. Property (Melb. Uni), MRICS
Research
Performance
| Fund Name | Unit Price (CUM) | Income Return IDP p.a. | Capital Return IDP p.a. | Total Return IDP p.a. | Fund Inception |
|---|---|---|---|---|---|
| Barwon Healthcare Property Fund | $1.1351 | 6.04% | 0.82% | 6.86% | 10-Oct-14 |
The performance figures are net of taxes, fees and expenses and assuming distributions are reinvested. While reasonable care has been taken in the preparation of this content, Barwon Investment Partners Pty Limited ABN 19 116 012 009 AFSL 298445 makes no representation as to the accuracy or completeness of any statement in it, including without limitation, any forecasts. Past performance is not a reliable indicator of future performance.
How to Invest
Brett Scallan
Manager, Wholesale Distribution
Brett Scallan
Manager, Wholesale Distribution
Brett leads the wholesale distribution team at Barwon and works closely with wholesale wealth groups, family offices and HNW investors across Barwon’s suite of alternative investment solutions, namely Real Estate Credit, Healthcare Property and Private Equity.
Brett has been in the financial services industry for over 18 years, gaining valuable experience through various roles in funds management, wealth management, venture capital and banking in Australia and the UK. Brett holds a Bachelor of Commerce (Finance) and a Cert IV in Financial Services.
To discuss the range of investment solutions available at Barwon, please call Brett on 0426 698 911 or email [email protected]
Education:
B. Comm (Finance), Cert IV (Financial Services)
Kate Hayward
Distribution Manager, Partner
Kate Hayward
Distribution Manager, Partner
Kate is a Partner of Barwon and an investment manager within the Private Equity team. Her responsibilities include listed private equity research, business development and client relations.
Prior to joining Barwon in 2009, Kate was the co-founder of a US online accommodation booking start-up and in 1995 established a New York based marketing/communications company whose clients included a number of Australian companies with US operations.
Prior to her work in the USA, Kate had seven years of experience as an equities analyst for Prudential Bache Securities (Melbourne and New York) and ANZ Investment Bank (Melbourne).
Education:
B. Comm. (Melb Uni)
Johnny Chen
Business Development Manager
Johnny Chen
Business Development Manager
Johnny works closely with wholesale wealth groups, asset consultants and family offices across Barwon’s suite of alternative investment solutions, namely Real Estate Credit, Healthcare Property and Private Equity.
Johnny has been in the financial services industry for over 9 years, gaining valuable experience through various roles in funds management in Australia. Johnny holds a Masters in Applied Finance (Investment Analysis) and a Bachelor of Economics (Economics & Management) and is RG146 accredited. Johnny is looking to commence the Chartered Alternative Investment Analyst (CAIA) accreditation in 2026.
To discuss the range of investment solutions available at Barwon, please call Johnny on 0468 744 328 or email [email protected]
Education:
B. Econ (Economics and Management), Masters in Applied Finance (Investment Analysis), Diploma of Financial Planning (RG146)
The Zenith Investment Partners (ABN 27 103 132 672, AFS License 226872) (“Zenith”) rating (assigned December 2022) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer documents before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at https://www.zenithpartners.com.au/our-solutions/investment-research/fund-research-regulatory-guidelines/.
