This article is from the Australian Property Journal archive
BARWON Investment Partners has opened the seventh dedicated mental health facility within the Barwon Institutional Healthcare Property Fund, in Brisbane’s inner north.
The 63-bed private hospital in Windsor has been developed in collaboration with private mental health provider Avive Health. It also has seven group therapy rooms, 10 consulting suites, a dedicated fitness studio, rooftop deck, and patient lounge areas
“The facility incorporates the latest health design principles, technology-integrated care, and trauma-aware programs,” Barwon Investment Partners said.
Tom Patrick, director and head of healthcare property at Barwon Investment Partners said, “Healthcare remains a vital sector that is underserviced and we see an opportunity to cater to the evolving needs of communities and healthcare providers by delivering assets that intertwine innovation and patient-centred design to truly reflect a value-based healthcare model”.
Last year, Barwon outlaid $124 million in acquiring three assets in Queensland and NSW for the Barwon Institutional Healthcare Property Fund. The biggest of the trio was a day surgery in inner Brisbane’s Buranda, to be anchored by the Queensland Eye Institute, at $72 million, to go with a medical centre in Westmead for $38 million and a building in Ipswich occupied by disability care provider Neta Care for $14 million.
In 2022, the fund’s purchased the PA Central car park site opposite the Princess Alexandra Hospital, in Woolloongabba, in a deal that came in at between $90 million and $100 million.
