Australia: Australian Unity acquires care properties in Queensland for A$93.65m

Healthcare real-estate investor, Australian Unity Healthcare Property Trust, has acquired three Queensland aged care properties from McKenzie Aged Care Group for A$93.65m (US$67.62m). The properties were leased back to McKenzie in a 25-year lease with an option for two additional 10-year periods. The CapellaBay property in Capalaba accommodates 133 residents, Seabrook Aged Care in Deception…

You must be a HMI Subscriber to view this content.

Subscribe Now »