Drugh Woods's Contact Details

Drugh Woods's Company Details

NorthWest Healthcare Properties Australia

Melbourne, Victoria, Australia • 1 Employees
Real Estate

NorthWest Healthcare Properties Australia (NorthWest Australia) specialises in the ownership, management and development of market-leading hospital, health, and life sciences properties and precincts in Australia and New Zealand. NorthWest Australia is the largest healthcare real estate owner, manager and developer (for long term ownership) in the region, with A$6 billion of assets under management (AUM) across 68 properties with ~250 tenants. NorthWest's Australian and New Zealand development pipeline is currently ~A$2.6 billion, with eight projects presently under construction and 11 committed.NorthWest Healthcare Properties REIT (TSX:NWH.UN) through its subsidiaries has been investing in the Australian and New Zealand healthcare property markets for over 25 years. With offices in Melbourne, Sydney, Gold Coast and Auckland the NorthWest Australia and New Zealand team of over 50 staff is solely dedicated to the investment in and development of healthcare real estate assets in this region. NorthWest Australia manages Vital Healthcare Property Trust (Vital), the only specialist owner of healthcare property listed on the NZX (NZX:VHP). The REIT is the largest unit holder in Vital owning ~27% interest. Vital's A$2.9 billion property portfolio is located in Australia (~72%) and New Zealand (~28%).NorthWest Australia also manages a ~A$3 billion wholesale fund which is a joint venture between NorthWest Australia and a large global sovereign wealth fund.NorthWest Australia is a subsidiary of the Toronto-listed NorthWest Healthcare Properties REIT, an unincorporated, open-ended real estate investment trust. The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure with over A$10 billion assets under management across properties in Canada, Brazil, Germany, the Netherlands, the United Kingdom, Australia and New Zealand.* All figures as at 31 December 2021.