Vital Healthcare to spend A$14.5 million on Victorian hospital

Thu, 25 Jun 2015

By Suze Metherell June 25 (BusinessDesk) - Vital Healthcare Property Trust, the listed hospital developer, has announced a A$14.5 million project for its South Eastern Private Hospital in Melbourne, and is expanding its land base in Newcastle. The development will add 60 new beds and more car parks to its Noble Park hospital, which is operated by Healthe Care, over the next 12 months, the Auckland-based property trust said. It has also bought a parcel of land opposite its Lingard Private hospital in Newcastle for A$3 million, with Health...

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