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After less than two days of capital raising, Australian Unity’s $1.2 billioni healthcare property trust (HPT), has successfully raised more than $170 million to help fund its future development and acquisition activities.
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Australian Unity’s Campbell Place Residential Community was officially opened today by The Commissioner for Senior Victorians, Gerard Mansour and Murray and Ann Campbell.
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Australian Unity’s $1.2 billion healthcare property trust (HPT), the largest healthcare real estate investment trust (REIT) in the country, will re-open this May to help raise funds for its ~ $500 million development pipeline.
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A commitment to meaningful capital improvements of key assets in property investment portfolios can play an important role in improving returns for REIT investors, according to Mr Chris Smith, the head of Healthcare Property at Australian Unity.
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Australian Unity Trustees has appointed Caroline Whitby to the newly-created position of national manager - philanthropy.
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Leading mutual organisation Australian Unity welcomes federal Treasurer Scott Morrison’s decision to initiate a consultation on the reforms needed to support cooperatives, mutuals and member-owned firms as key continuing contributors to the national economy.
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There is an increasing need for estate planning and trustee services for middle income Australians as the population ages and as issues such as dementia and blended families become more prevalent, says Rohan Mead, group managing director of Australian Unity.
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Financial services, healthcare and independent & assisted living company Australian Unity Limited (Australian Unity) has reported revenue and other income of $901.7 million for the six months to 31 December 2016, an increase of 43.0 percent compared to the corresponding period last year (31 December 2015: $630.4 million).
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Queensland is a significant step closer to having a world-leading health precinct at Brisbane’s Herston Quarter after Australian Unity today executed a series of agreements for the development.
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Australian Unity’s insurance premiums are set to rise by an average 4.46 percent from April 1, 2017, representing the lowest average increase for a decade.
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Former coalition industry minister Ian Macfarlane today added his voice to calls for Australia Day to be moved from January 26, saying the country will be brought closer together if the national day isn’t associated with past wrongs.
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Australian Unity’s Great Australia Day Breakfast in Parliament House was the venue for a speech by former Coalition minister Ian Macfarlane that stirred considerable discussion about whether 26th January is the appropriate date to celebrate Australia Day.
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