Australia: Dexus acquires two Brisbane developments for A$130.7m

Spring Hill Medical Centre, Brisbane, Australia

Dexus Healthcare Property Fund (DHPF), the A$1.2bn (US$900m) open-end unlisted property fund with interests in healthcare properties throughout Australia, has acquired two Brisbane developments in established health precincts for a total of around A$130.7m. Spring Hill Medical Centre comprises a nine-storey development which will be anchored by a day surgery accompanied by ancillary healthcare services….

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