
Generation Healthcare lands in Epping
Medical property owner Generation Healthcare REIT has expanded its portfolio, with a $29 million investment in the Epping Medical Centre in Melbourne’s north.
Medical property owner Generation Healthcare REIT has expanded its portfolio, with a $29 million investment in the Epping Medical Centre in Melbourne’s north.
Deutsche Bank is understood to be advising NorthWest, while Bank of America Merrill Lynch is working for Generation Healthcare REIT. A bidder’s statement is expected to be lodged on Monday morning.
An investment in healthcare-related property assets with a primary focus on delivering regular income, plus the potential for capital growth over the longer term.