Private Equity

OncoCare Medical and Novena Heart Centre

A premier private medical oncology and cardiology clinic group in Singapore
OncoCare Medical (“OncoCare”) is one of the largest private medical oncology specialist centers offering a one-stop solution for both local and foreign patients. OncoCare provides comprehensive diagnosis, treatment, palliative care, and other medical services with its team of specialized medical oncologists and palliative specialists. Novena Heart Centre (“NHC”) is one of the largest multi-disciplinary cardiology group practices in Singapore, specializing in coronary intervention, heart rhythm management, heart failure, cardiac imaging, and cardiothoracic surgery.
OncoCare Medical and Novena Heart Centre
Sector
Healthcare
Country
Singapore
Fund
Private Equity
Entry
2023
Type
Leveraged Buyout (LBO)
Website
Website
GO TO WEBSITE

About

OncoCare Medical and Novena Heart Centre

OncoCare, established in 2007, operates seven clinics within hospitals and medical centers in Singapore with 13 specialist oncologists.

NHC, founded in 2007, consists of three cardiology clinics across Singapore with five cardiologists covering various subspecialties.

Investment Highlights

Demand for oncology and cardiology services continues to grow, driven, amongst other things, by an ageing population, preventive healthcare and health screenings. OncoCare and NHC hold prime market positions in Singapore, placing them in an advantageous position to capitalize on further growth.

Templewater is committed to executing both organic and strategic growth initiatives. By collaborating with our group’s healthcare professionals, we are exploring avenues to broaden our patient base and actively seeking joint venture partnerships and acquisitions that may extend our services to a wider audience, potentially on a regional scale.

Private Equity

OncoCare Medical and Novena Heart Centre

A premier private medical oncology and cardiology clinic group in Singapore
OncoCare Medical (“OncoCare”) is one of the largest private medical oncology specialist centers offering a one-stop solution for both local and foreign patients. OncoCare provides comprehensive diagnosis, treatment, palliative care, and other medical services with its team of specialized medical oncologists and palliative specialists. Novena Heart Centre (“NHC”) is one of the largest multi-disciplinary cardiology group practices in Singapore, specializing in coronary intervention, heart rhythm management, heart failure, cardiac imaging, and cardiothoracic surgery.
OncoCare Medical and Novena Heart Centre
Sector
Healthcare
Country
Singapore
Fund
Private Equity
Entry
2023
Type
Leveraged Buyout (LBO)
Website
GO TO WEBSITE

About

OncoCare Medical and Novena Heart Centre

OncoCare, established in 2007, operates seven clinics within hospitals and medical centers in Singapore with 13 specialist oncologists.

NHC, founded in 2007, consists of three cardiology clinics across Singapore with five cardiologists covering various subspecialties.

Investment Highlights

Demand for oncology and cardiology services continues to grow, driven, amongst other things, by an ageing population, preventive healthcare and health screenings. OncoCare and NHC hold prime market positions in Singapore, placing them in an advantageous position to capitalize on further growth.

Templewater is committed to executing both organic and strategic growth initiatives. By collaborating with our group’s healthcare professionals, we are exploring avenues to broaden our patient base and actively seeking joint venture partnerships and acquisitions that may extend our services to a wider audience, potentially on a regional scale.

Private Equity

OncoCare Medical and Novena Heart Centre

A premier private medical oncology and cardiology clinic group in Singapore
OncoCare Medical (“OncoCare”) is one of the largest private medical oncology specialist centers offering a one-stop solution for both local and foreign patients. OncoCare provides comprehensive diagnosis, treatment, palliative care, and other medical services with its team of specialized medical oncologists and palliative specialists. Novena Heart Centre (“NHC”) is one of the largest multi-disciplinary cardiology group practices in Singapore, specializing in coronary intervention, heart rhythm management, heart failure, cardiac imaging, and cardiothoracic surgery.
OncoCare Medical and Novena Heart Centre
Sector
Healthcare
Country
Singapore
Fund
Private Equity
Entry
2023
Type
Website
Leveraged Buyout (LBO)
JV Partner

About

OncoCare Medical and Novena Heart Centre

OncoCare, established in 2007, operates seven clinics within hospitals and medical centers in Singapore with 13 specialist oncologists.

NHC, founded in 2007, consists of three cardiology clinics across Singapore with five cardiologists covering various subspecialties.

Key Figures

Location
Sydney, New South Wales
Site Area
1,681 m2 (combined development site)
Asset Class
Office
Occupancy
100%
Location
Adelaide, South Australia
Gross Lettable Area
23,243 m2
Asset Class
Retail
Passing Yield
5.2% (at acquisition)
Tenants
90 (at acquisition)
Location
Melbourne, Victoria
Site Area
258,885 m2
Asset Class
Mixed-use
(Residential and Commercial)
Residences
1,000+
Location
Melbourne, Victoria
Site Area
15,745 m2
Asset Class
Office (with supporting retail)
Net Lettable Area
up to 56,000 m2 (upon completion)

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