The Trust primarily invest in a diversified portfolio of healthcare property related assets. 

Benefits of investing in the Australian Unity Healthcare Property Trust - Wholesale Units

• The Trust brings together the Australian Unity Group's understanding of the healthcare sector as well as the investment management expertise and experience of our property

• team.

• Australian Unity provides healthcare, financial planning, investment, and retirement living services to more than half a million Australians.

• Australian Unity's history as a trusted mutual organisation dates back almost 175 years.

• This combination means that we are uniquely qualified to manage healthcare property investments.

Investor suitability

This Trust is typically suited to investors who:

• seek regular income payments;

• want exposure to a diverse property portfolio; and

• have at least a five-year investment outlook and do not require immediate liquidity.

About the Trust

An investment in healthcare related property assets with a primary focus on delivering regular income, plus the potential for capital growth over the longer term.

Healthcare property investment includes the ownership of the infrastructure supporting the healthcare system including hospitals, medical clinics, nursing homes, day surgeries, medical offices, consulting rooms, rehabilitation units, radiology and pathology centres.

Investment philosophy

We believe that market prices for properties do not always reflect their fundamental value and there is opportunity to generate value through buying well and selling well. We also believe that value can be achieved, and investment risk mitigated, by skilful management of each property and its tenants.

We make selective property acquisitions based on our assessment of value, taking into account the risks inherent in the property, and the ability for these risks to be mitigated by experienced management. In particular, we consider:

• location attributes, such as demographic profile, road and services infrastructure and the level of competition; and

• property specific criteria, such as the quality of buildings, tenant and lease profile, opportunities to enhance or redevelop the property to protect and/or grow future income potential and capital value.

We believe actively managing property assets, and the portfolio assets, as well as focused capital management, is essential to optimising the return investors can receive from their investment in property.

How the Trust works

The funds available from investor applications are pooled together with borrowings from lenders to purchase healthcare property and related assets for the Trust.

Rent from the Trust's properties and income earned on the Trust's other assets generate income. This income is used to meet the interest expenses on borrowings, management fees, property related expenses and ongoing Trust expenses. We may also retain some income as a provision for items such as future expenses or capital requirements. Once these costs and provisions are met, the remaining income is distributed to investors.

The capital growth (or loss) on your investment is largely attributed to revaluations of the Trust's properties, changes in value of other assets and the level of borrowings the Trust has.

How we invest your money

The Trust predominantly invests in a diversified portfolio of healthcare property and related assets including direct property, managed funds (such as unlisted and listed property trusts and property syndicates) or companies that predominately hold healthcare property.

The Trust may also invest in similar international healthcare related assets in countries with healthcare systems and property markets with key attributes similar to Australia.

The Trust typically holds 75-90% of its assets in direct property and may hold up to 20% in listed or unlisted property investments. The balance of the Trust's assets is held in cash and similar investments.

In respect of Class A Units, typically 20% of the value of Class A Units is held separately in a special liquidity reserve. This level may fluctuate from time to time, depending on cash flows.

The liquidity reserve can be up to 30% of the Class A Units value. The liquidity reserve may also be invested in Listed REITs of up to 15% of net asset value of Class A Units.

Investment process

In acquiring and managing the property assets of the Trust our objective is to ensure the Trust takes advantage of trends in the healthcare sector both locally and internationally.

Our decisions to invest in healthcare property and related assets are premised on the assets' ability to deliver attractive returns, increase the Trust's diversification and the asset's relative liquidity. We aim to achieve this by:

• acquiring healthcare or healthcare related properties that are leaders in their particular geographical area

• selectively developing suitable long-term expansion and/or improvement strategies for the properties

• ensuring the Trust maintains adequate and multiple levels of diversification including by geographic location, property type and the type of healthcare services provided by each tenant

• building strong, secure relationships with tenants that have relevant experience and expertise in the healthcare sector

• where practical, putting in place carefully structured, long-term leases, with the aim of achieving stable and predictable rental income as well as growth in rental income over the long- term, and

• maintaining an exposure to Listed REITs for diversification and liquidity.