Health Translation Hub

ProjectHealth Translation Hub

Global

Australia and New ZealandEducationHealth

UNSW Sydney and Plenary Health are delivering the $600 million Health Translation Hub – one of the marquee developments within the Randwick Health & Innovation Precinct.

The long-term partnership involves Plenary Health funding, developing and operating the 35,600-square-metre facility, supported by an initial 20-year commitment from UNSW to occupy 65% of the available space. The remaining space will be open to industry, providing a golden opportunity for like-minded partners to co-locate with the university and within the hospital precinct.

The project is being fully funded by Plenary Group and industry superannuation fund-backed property investor ISPT, together with HESTA and UniSuper, the health and education sector superannuation funds. Plenary – Australia’s leading investor, developer and manager of property and public infrastructure – is also development and asset manager for the project, Hansen Yuncken has been engaged as the design and construction partner and Architectus as lead architect.

Project facts

Location

Randwick, New South Wales, Australia

Client

University of New South Wales

Value (NPV)

A$600 million

Our role

Project investor

Financial adviser

Development manager

Asset manager

Builder

Hansen Yuncken

Architect

Architectus

Financial close

October 2022

The Health Translation Hub will bring together educational and medical researchers, clinicians, educators, industry partners and public health officials to drive excellence and support the rapid translation of innovative research and education into improved patient care and better community health outcomes.

An expansive 2,500 square metres of north-facing open public space will help to create an engaging and welcoming place for staff, students, patients, industry partners and the public.

Determination