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BRIEF-Generation Healthcare invests in Epping Medical Centre

Published 26/10/2016, 09:39 am
© Reuters.  BRIEF-Generation Healthcare invests in Epping Medical Centre
GHC
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Oct 26 (Reuters) - Generation Healthcare Reit GHC.AX

* Pleased to announce it has made an investment into epping medical centre in growth area of epping, melbourne, victoria

* Deal for initial investment of $28.625 million

* Funding for transaction will be from new and current debt facilities and is accretive to fund's earnings

* $22.25 million of initial investment by way of secured first mortgage senior loan facility

* Fund has entered into a put / call agreement that would see GHC acquiring a 50% interest in epping medical centre for $17.50 million Source text for Eikon: ID:nASXdKXtF Further company coverage: GHC.AX

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