New Centuria fund settles on three short stay healthcare investments worth $115m

Centuria Healthcare has spent $115 million on three short-stay medical centres anchored to Nexus Hospitals for its newly launched Centuria Healthcare Property Fund – which is set to pay its first distribution on Tuesday. In the most valuable deal, it outlaid $55.5m for the Bloomfield Medical Centre in Orange, about 260 kilometres west of Sydney.

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NBL owner Larry Kestelman plans revamp of Hobart’s Derwent Entertainment Centre and Wilkinsons Point

Larry Kestelman (pictured, right) – the owner of Australia’s National Basketball League – has employed architect Nonda Katsalidis to redesign Hobart’s Derwent Entertainment Centre. Mr Kestelman, who co-founded internet company Dodo and is an active apartment developer, agreed with the Glenorchy City Council in April to buy the stadium and a neighbouring nine hectare site

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Property portfolio of iconic Tasmanian retailer, Coogans, sold for over $13 million

EXCLUSIVE Three properties controlled by Tasmanian furniture retailer Coogans, which closed in June after 135 years, have been divested for more than $13 million. The portfolio includes retail assets at: 79-81 Collins Street, Hobart (pictured top and below); and 80-82 Main Road, Moonah. These properties sold following an expressions of interest campaign. A third property,

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