The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
UPCOMING EVENT - INDUSTRIAL AND LOGISTICS SUMMIT 16 OCTOBER, SYDNEY
INDUSTRIAL AND LOGISTICS SUMMIT - TICKETS NOW ON SALE
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
HealthcareStaff WriterWed 25 Oct 17

Moelis Australia Commits to Aged Care Sector with $53 million Acquisition

iStock-865635574_620x380

ASX-listed Moelis Australia has further committed to Australia's $18 billion health care sector, acquiring a 9.96 per cent interest in listed aged care operator Japara Healthcare Limited.

Japara has a market capitalisation of approximately $490 million, with 3800 operational beds and a development pipeline of an additional 1100 new beds.

The advisory and funds management firm 9.96 per cent interest represents a $53 million move into the sector.

The Japara investment follows Moelis Australia's September acquisition of a 70 per cent interest in aged care operator and developer Infinite Care.

At the time of announcement Moelis Australia committed to invest up to $45.4 million into the fund that acquired Infinite Care, but has since increased the size of the Infinite Fund’s capital raising to $70 million.

As a consequence of the Infinite Care initiative a fund managed by Moelis Australia has secured a controlling interest in aged care operating and development assets with an expected fully-developed end value in excess of $450 million.

Moelis Australia's assets under management now stand at approximately $2.7 billion, $200 million higher than that advised at the last market update on 4 September 2017.

IndustrialAustraliaFinanceReal EstateLegalSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Korean coliving hero
Exclusive

Disconnection by Design: Why ‘Untech’ is the Next Big Amenity

Clare Burnett
5 Min
Global Shifts Redraw the Map for Australia’s Office Market
Exclusive

Office Eyes Slowdown as New Stock Supply Becomes a Trickle

Vanessa Croll
7 Min
Salta MD Sam Tarascio
Exclusive

Why Salta Won’t Break Ground on $400m Pipeline

Leon Della Bosca
7 Min
Exclusive

Precinct Proposals Bloom as Brisbane Middle-Ring Sheds its Past

Phil Bartsch
8 Min
Exclusive

Newest Land Lease Player Plots Sector Shake-Up

Taryn Paris
5 Min
View All >
Retail

Sydney Investor Pays $62.75m for Gosford Retail Asset

Lindsay Saunders
Development

Finalists Announced for The Urban Developer’s Urban Leader Awards 2025​

David Di Marco
Korean coliving hero
Exclusive

Disconnection by Design: Why ‘Untech’ is the Next Big Amenity

Clare Burnett
Building in ways to press pause on connected lives is enhancing project appeal, resident satisfaction and long-term valu…
LATEST
Retail

Sydney Investor Pays $62.75m for Gosford Retail Asset

Lindsay Saunders
3 Min
Development

Finalists Announced for The Urban Developer’s Urban Leader Awards 2025​

David Di Marco
9 Min
Korean coliving hero
Exclusive

Disconnection by Design: Why ‘Untech’ is the Next Big Amenity

Clare Burnett
5 Min
Policy

Momentum for Brisbane Vertical Neighbourhoods Grows

Phil Bartsch AND Taryn Paris
5 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/moelis-australia-claims-stake-listed-aged-care-operator