RAM made a good decision to raise fund by owning Miami Day Hospital on the Gold Coast, which it sustained market with $11.25 million which is 7.5 per cent higher than late last year.
RAM stood up to uplift the trend and its growing since then – there are opportunities for fledgeling fund and it has looked at 4 or more opportunities last year. It nearly indulges its second asset with contract and it is evaluating a fund-though deal in Sydney for one of a medical hub.
The ongoings into healthcare property took place after RAM invested 11-asset retail property fund. portfolio of that fund is now near $320 million. Its fund manager is planning to club values via instant proceeding in development.
Will Gray, the head of real estate said, “We were always thinking where is the smart place to play next? Our modus operandi is to keep it simple and keep it secure,”
The RAM Australian medical fund is targeting to achieve one new asset per quarter in the next two years until the portfolio of funds has reached a $300 million-plus size. The largest single asset it would consider would be $100 million but it will also look at much smaller ones.