Friday, 28 April 2017
New South Wales
Healthcare Portfolio Sold (www.afr.com)
Barwon Investment Partners have acquired three medical facilities as part to the Evolution Healthcare Portfolio on the south coast NSW for $76.5 million, reflecting a yield of 5.5%.
The facilities comprise the South Coast Private Hospital (90 beds), Shellharbour Private Hospital (60 beds) and Wollongong Day Surgery.
Brunswick Supermarket Sold (www.afr.com)
A foreign investor has acquired a 1,000m² strata titled supermarket off the plan on Sydney Road, Brunswick for $13.5 million ($13,500/m² of GLAR), reflecting a yield of 4.8%.
Woolworths has pre-committed to lease the premises.
The supermarket is part to an 86 unit mixed use development which is due for completion mid-2018.