Listed real estate fund manager Elanor Investors Group has bought a Brisbane community health centre for $37 million as it builds up the portfolio for its unlisted healthcare property fund.
The acquisition of the Woolloongabba Community Health Centre for the Elanor Healthcare Real Estate Fund reflects a 6 per cent capitalisation rate.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
