GIC partners with RAM for healthcare property fund
Fundraising - NOVEMBER 17, 2023

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GIC partners with RAM for healthcare property fund

by Andrea Zander

Australian investment manager Real Asset Management (RAM) has launched a healthcare-focused property fund in a joint venture with Singaporean sovereign wealth fund GIC, reported other media outlets.

The RAM Healthcare Opportunity Fund is an open-end property fund aimed at building a portfolio of premium healthcare real estate assets in Australia through asset repositioning and development.

With an initial focus on metropolitan and larger regional cities in Australia, the fund plans to transform a development site in Brisbane into a 5,000 square meter (53,820-square-foot) integrated medical hub.

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