RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne

Thu, 04 Dec 2014

By Paul McBeth Dec. 4 (BusinessDesk) - Vital Healthcare Property Trust, the country's biggest listed medical and healthcare property investor, has signalled A$14.4 million of new developments in Newcastle, Australia, and bought land in Melbourne to beef up an existing property in the city. The property investor will spend A$13 million to build a new 42-bed ward and car park at its Maitland Private Hospital just outside of Newcastle, and A$1.4 million to refurbish a theatre at Lingard Private Hospital, just south of Newcastle, its manager...

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