About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Thursday, July 2nd, 3:02PM
rss
Latest Headlines

Decision helps Calan

A decision from the Commerce Commission will be a significant boost for the Calan Healthcare Properties Trust, according to its management.

Thursday, December 20th 2001, 10:00AM

A decision from the Commerce Commission will be a sigfnificant boost for the Calan Healthcare Properties Trust, according to its management.

The commission has approved an application by The Ascot Hospital & Clinics Limited to acquire the private, elective, surgical operating business of the Mercy Hospital. As a result, the hospital company will trade under the MercyAscot name.

This will make Ascot Hospital the pre-eminent private surgical hospital in New Zealand, and it will also have significant flow-on benefits for the trust.

The integration of the two hospitals will bring together the resources and capabilities of two of Auckland’s leading private hospitals, creating a new centre of excellence for private health care in New Zealand.

This is expected to lead to the growth of existing services and the likely introduction of new areas of specialty and services.

Existing services will be consolidated and there will be site specialisation, with an expanded cardiac programme to be run out of the current Ascot Hospital site.

Trust spokesman, Martin Lyttelton says that the resulting increases in procedure volumes, and theatre and ward utilisation would strongly underpin the business of the trust’s largest tenant, and will be reflected over time in the activity-based rentals that apply to the Ascot Hospital facility.

Lyttelton says that the creation of MercyAscot significantly strengthens the trust’s position in relation to Ascot Clinics, the $17 million facility to be built next to Ascot Hospital & Clinics in Greenlane.

The Clinics building has been designed to provide additional ward capacity for the neighbouring hospital, and further accommodation for consulting specialists.

"The trust expects to be able to move quickly now to finalise the tenancy profile, design configuration and leasing arrangements for Ascot Clinics and construction is expected to begin in the first half of 2002," Lyttelton says.

« Better returns for super fundSovereign takes regulation bull by the horns »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
  • Dealer groups should be QFEs
    “Dealer groups play very important role in our wonderful industry, a very important part in my business especially as the...”
    14 hours ago by Cyril
  • Dealer groups should be QFEs
    “Wow, Jeff I take it that your opening title statement sir was not born out of the results from a well researched survey you...”
    2 days ago by Markyboy
  • Dealer groups should be QFEs
    “Removing all of the acronyms for a moment: all components of the "value chain" must add value in order to justify a payment....”
    2 days ago by Pragmatic
  • Dealer groups should be QFEs
    “Currently any "overseas" potential purchasers of Kepa would be looking and asking, what would we be purchasing. Turning it...”
    2 days ago by Backstage
  • Dealer groups should be QFEs
    “Surely you are not serious. It makes no commercial sense. The banks may be QFEs but they control the internal processes of...”
    2 days ago by Wise Move
Subscribe Now

Weekly Wrap

Previous News

MORE NEWS»

Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 6.49 5.10 5.59 5.59
ANZ Special - - 4.99 -
ASB Bank 6.50 5.49 5.49 5.75
ASB Bank Special - ▼4.89 5.10 5.39
BankDirect 6.50 5.49 5.49 5.75
BankDirect Special - 4.99 5.10 5.39
BNZ - Mortgage One 6.90 - - -
BNZ - Rapid Repay 6.49 - - -
BNZ - Special - - 4.99 -
BNZ - Std, FlyBuys 6.49 5.19 5.39 5.29
BNZ - TotalMoney 6.34 - - -
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.45 5.75 5.75 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct 6.10 6.45 6.69 7.10
First Credit Union 6.45 - - -
HBS Bank 6.39 5.39 5.39 5.39
HBS Special - 4.99 4.99 4.99
Heartland 6.70 7.00 7.25 7.85
Heretaunga Building Society 6.45 5.40 5.40 -
Housing NZ Corp 6.74 5.70 5.99 6.29
Lender Flt 1yr 2yr 3yr
HSBC Premier 6.60 4.95 4.95 5.40
HSBC Premier LVR > 80% - - - -
HSBC Special - 5.29 5.29 5.29
ICBC 6.75 5.99 6.39 -
Kiwibank 6.40 5.39 5.49 5.69
Kiwibank - Capped - - - -
Kiwibank - Offset 6.40 - - -
Kiwibank Special - 5.09 4.99 5.39
Liberty - - - -
Napier Building Society 6.50 5.80 6.70 -
Nelson Building Society ▼6.70 ▼5.65 ▼5.95 -
Lender Flt 1yr 2yr 3yr
NZ Home Loans 6.85 5.49 5.49 6.29
Perpetual Trust 7.70 - - -
Resimac 5.84 5.60 5.65 5.79
SBS Bank 6.39 5.39 5.39 5.39
SBS Bank Special - 4.99 4.99 4.99
Sovereign 6.60 5.49 5.10 5.75
Sovereign Special - 4.99 5.10 5.39
The Co-operative Bank 6.45 5.15 4.99 5.35
TSB Bank 6.49 ▼5.45 ▼5.49 5.75
TSB Special - - ▼4.99 5.40
Wairarapa Building Society 6.20 5.75 5.95 -
Lender Flt 1yr 2yr 3yr
Westpac 6.40 5.49 5.49 5.59
Westpac - Capped rates - 6.74 6.99 -
Westpac - Offset 6.40 - - -
Westpac Special - - 4.99 -
Median 6.49 5.45 5.40 5.40

Last updated: 2 July 2015 10:59am

News Quiz

The Rural Bachelor of the Year competition at Fieldays this year was sponsored by whom?

Fonterra

Fidelity Life

OnePath

Sovereign

Partners Life

MORE QUIZZES »

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com