Knight Frank has bolstered its Healthcare and Life Sciences division in Queensland, appointing Clem Stack as Sales Executive to meet rising demand for healthcare property investment.
Clem joins National Head of Healthcare and Life Sciences Sam Biggins, having previously worked in the firm’s Capital Markets team where the pair collaborated on $20 million worth of healthcare transactions.
He is currently advising on more than $35 million in deals spanning primary care, allied health, senior living and Specialist Disability Accommodation across Queensland.
Sam said the expansion reflects sustained demand for healthcare real estate services nationally.
“The demographic shift and consequent long-term demand for healthcare and adjacent services in Australia is unabating,” he said.
“Knight Frank is committed to supporting the development and investment into property infrastructure that will support the delivery of these essential services.”
Clem brings five years of commercial property experience to the role, having started at Knight Frank as a Commercial Valuation Analyst before moving into investment sales.
He said healthcare property continues to attract investors seeking defensive assets amid economic uncertainty.
“Queensland remains a key market, supported by strong population growth and demand for essential services,” Clem said.
“The primary care sector, in particular, remains highly attractive, and coupled with the generational transition underway by owner-occupier GPs creates acquisition opportunities for investors seeking defensive assets.”
The firm’s healthcare clients span investors, developers and owner-occupiers across all segments of the sector.