Institutional interest in healthcare cements its status as a mainstream investment class in Australia, according to a JLL blog post.
One of Australia’s largest institutional fund managers, Queensland Investment Corp., recently announced healthcare will be a single core theme across its asset classes of private equity, infrastructure and real estate as it eyes further expansion into the sector.
“Healthcare compares well against core real estate sectors,” said David Bruce-Clarke, senior director, alternative investments – Australia, JLL.
Other factors driving the sector in Australia are an aging population requiring greater non-hospital medical care; government-imposed schemes such as the Medicare surcharge and Lifetime Health Cover, which incentivize people to buy private health insurance; and the dwindling number of public hospitals.
