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Article: Australia: Aspen sells hospital for $61m.
- Article from:
- TendersInfo
- Article date:
- September 4, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Aspen Group is pleased to advise that settlement of the hospital component of the Norwest Private Hospital development was completed on 3 September 2009.
The $125 million development was undertaken by Aspen Development Fund No.1 Limited, an Aspen managed development syndicate.
The hospital component was sold to Healthscope Limited for $61 million and is the second such project developed by ADF for Healthscope following completion of the Campbelltown Private Hospital in 2007.
With a further $11 million ...