Healthcare

New Town residents have welcomed Hobart City Council’s refusal of a private hospital proposed for New Town Rd.

Canada’s NorthWest Healthcare Properties Real Estate, which this year teamed up with private equity in a successful $4.4 billion takeover of Australia’s second-largest private hospital operator Healthscope, will start selling off as much as $390 million worth of property in Australia.

A proposed boutique medical centre for Hobart’s northern suburbs is a step closer to being refused after a setback at a council committee meeting.

Melbourne’s medical property market is heating up with second day hospital put up for sale this year.

A new Belgian Gardens apartment complex Garden Hills, will inject $10 million into the Townsville economy and is expected to be a catalyst for further investment.

Cheltenham’s Chesterville Day Hospital could be a healthy investment for buyers, put up for sale just weeks before the federal election.

An international investor has splashed $4.51 million on a property in Sunbury’s retail hub.

A partnership between Heathley Asset Management and inter­national property company Grosvenor Group has sealed its first deal, buying the Westside Private Hospital in Brisbane for $61.7 million.

International property groups are positioning to take stakes in the $2.5 billion Healthscope real estate empire with Canada’s NorthWest Healthcare Properties raising funds to back its purchase and investors tipping New Zealand’s Vital Healthcare Property Trust may follow suit if it can make a deal stack up.