Mainland Capital delivers $50m raise for Christchurch private hospital expansion

Mainland Capital delivers $50m raise for Christchurch private hospital expansion
A render of the new private hospital planned for the Forté Health Precinct in central Christchurch. (Image: Mainland Capital)
Oliver Lewis
A $50 million capital raise to fund a major expansion to a private hospital in Christchurch was oversubscribed by 30% and closed within weeks.Mainland Capital, a Christchurch-based investment manager specialising in commercial property, ran the raise for NHL Properties, the owner of the 1.5-hectare Forté Health Precinct.NHL Properties, a privately held company largely owned by medical professionals or individuals connected to the medical sector, built the first major building in central Christchurch after the 2010 and 2011 earthquak...

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