Private hospitals in a real estate class of their own: HMC Capital
HMC Capital chief executive David Di Pilla says private hospitals are not exposed to the headwinds hitting other real estate asset classes as he flagged further acquisitions in the healthcare sector after snapping up 11 Healthscope facilities for $1.2 billion.
While office tower owners brace for asset value writedowns of as much as 20 per cent amid high vacancy rates and rising debt costs, Mr Di Pilla told The Australian Financial Review the “underlying structural demand” for private hospitals and other healthcare real estate was “compelling”.
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