Row rect Shape Decorative svg added to bottom Supporting Expansion in South Africa’s Healthcare Property Market Absa | Corporate and Investment Banking > Insights and Events > Supporting expansion in SA’s healthcare property market SHARE Absa CIB partners with Growthpoint Healthcare Property Holdings on a R950 million facility to finance healthcare infrastructure. Absa is proud to partner with Growthpoint Healthcare Property Holdings Limited (GHPH) to advance South Africa’s healthcare infrastructure. As Sole Mandated Lead Arranger, Facility Agent and Co-Lender, we structured an inaugural facility of R950 million, of which R600 million was provided by Absa - to fund GHPH’s expanding participation in the sector. GHPH is a sector-specialist fund investing in income-generating real estate within South Africa’s healthcare sector. With over R4 billion in assets under management, GHPH owns assets operated by some of the most recognised hospital brands in the country. As a dedicated healthcare landlord, GHPH can partner with smaller, often B-BBEE-owned, healthcare operators to scale in a market traditionally dominated by large incumbents - GHPH’s largest tenant is Busamed - a proudly South African private hospital group. This deal enables GHPH to refinance an existing IFC facility and fund future capital expenditure, directly supporting the development and improvement of hospitals across the country. GHPH’s focused investment mandate expands healthcare access in local communities, supports job creation and enhances economic infrastructure. At Absa we believe in partnering with our clients to build an inclusive, sustainable and healthier future. Contact Commercial Property Finance https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Capital that builds confidence in South Africa’s tomorrow Absa Corporate and Investment Banking (CIB) is proud to partner with the South African National Treasury as the sole lead arranger and infrastructure finance structuring agent of a R11.8 billion Infrastructure and Development Finance Bond. This purpose-driven instrument is designed to finance or refinance priority infrastructure under the Government’s Budget Facility for Infrastructure (BFI) programme. Read more DEALS Building Namibia’s fiscal strength through purpose-led partnership Supporting the Government of the Republic of Namibia with a ZAR 1.5 billion facility that enables Eurobond repayment obligations and strengthens domestic fiscal resilience. Read more DEALS Distributed Energy. Powering Africa’s low-carbon leap Absa supports CrossBoundary Energy’s $225 million capital raise, contributing up to $100 million to expand renewable infrastructure, enable the mining of critical transition metals such as copper, and extend energy access across underserved African markets. Read more
