Pillar 02
Sahaji Spaces
Wellness real estate and longevity-oriented residential, bathhouses and thermal facilities, studios and recovery centres, clinics and integrated practices, retreats and precinct-scale tenancies.
Why this pillar exists
This is the portfolio's growth engine and its principal source of durable advantage. Wellness real estate grew at roughly 19.5% annually between 2019 and 2024 and is forecast to remain the fastest-growing sector in the wellness economy, doubling again by 2029; thermal and mineral springs are forecast near 10%. Spaces convert brand into recurring local revenue, create the physical proof that products and brands require, and align with the consumer shift toward social, ritual and place-based wellbeing.
A wellness holdings company with genuine property capability and site access is positioned in the highest-growth part of the market. One without that capability is not.
What we look for
Site quality and catchment fundamentals. A membership or repeat-visit model rather than a transaction model. A fit-out cost per square metre that permits acceptable returns at realistic utilisation — not at optimistic utilisation. An operator with demonstrated ability to run a full room. And a concept that can be replicated as a second and third site without the founder present.
Sources: Global Wellness Institute, Global Wellness Economy Monitor 2025; Global Wellness Summit, Future of Wellness 2026.