Medical Office Building
Scope of Business
Through its investment in the senior housing business, the Group recognised the potential of medical and healthcare related properties in the US market and therefore, expanded its US investment portfolio from elderly homes to a wider range of healthcare related properties.
In 2017, the Group invested in its first medical office building portfolio in the US and injected capital into a joint-venture which holds 3 medical office buildings located in New York, Pennsylvania and Rhode Island. These medical office buildings have an aggregate gross leasable area of 428,200 square feet with tenants including reputable hospital and nationally recognised research and medical group.
Our presence in the medical office building sector represents diversification of the Group’s venture in the US. It is expected that demand for medical offices will grow with the increase in healthcare needs in the US.
Conventus Building, Buffalo
Penn Medicine Southern Chester County, Jennersville
Kent Ambulatory Services Pavilion, Warwick
Tel: (852) 2111 4921
Fax: (852) 2757 5516