A DV E R TO R I A L
Investing in the future of healthcare The latest HESTA investment initiative means your super will support two of the fastest-growing industries in Australia – and help build a brighter financial and professional future for you.
HESTA has committed $200 million to a
more than 32 years and our patient, long-term
property mandate that will focus on investment
investment approach means we are ideally placed
opportunities in Australia’s fast-growing
to support our sector as it seeks to meet
healthcare sector.
future demand.
Managed by the industry super fund-owned ISPT,
“We’re very excited by the potential opportunity
the new HESTA Healthcare Property Trust will
and, given performance meets our expectations
invest in opportunities such as private hospitals,
and appropriate investments can be identified,
general medical and residential aged care.
we’re open to increasing our exposure.”
HESTA CEO Debby Blakey says this is another
HESTA CIO Sonya Sawtell-Rickson says the focus
example of how HESTA is building on our deep
on healthcare and aged care property would
relationships with the sector to generate strong,
provide diversification for the broader HESTA
long-term returns for members and support jobs
property portfolio.
and growth. “We are actively looking for investment
“Healthcare and aged care property assets are not as exposed to the economic cycle as other
opportunities as Australia’s aging population will
types of large-scale commercial or retail property
see the need for a significant expansion in services
investments we have in the portfolio,” Sonya says.
and facilities in the coming years,” Debby says. “HESTA has been a trusted industry partner for
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The Health Advocate • MAY 2020
“We believe the strategy and approach we will take through this mandate and our strong
