HESTA commits $A200m to a healthcare mandate

The A$51 billion Australian superannuation is actively investing in the domestic healthcare sector to meet the aging society demand.

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Institution: HESTA
Headquarters: Melbourne, Australia
AUM: A$51bn
Bitesize:A$100m-A$200m

HESTA has committed A$200 million to ISPT for a property mandate that targets the healthcare sector in Australia.

ISPT will manage HESTA Healthcare Property Trust, and the mandate aims to seize the increasing needs of healthcare demand from the aging population in Australia.

As illustrated below, HESTA has previously committed to investment vehicles managed by ISPT to explore opportunities across Australia.

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