Construction News

Thu April 25 2024

Related Information

Lend Lease finalises Australian hospital PPP deal

31 May 13 Lend Lease has reached financial close with the Victorian State Government to enter into a AU$630m (£400m) public-private partnership (PPP) to design, construct, maintain and finance the new Bendigo Hospital.

The agreement comes less than a month after Lend Lease's Exemplar Health consortium, which also includes Capella Capital, Siemens and Spotless, was named preferred bidder.

The new Bendigo Hospital will feature 372 in-patient beds, 10 operating theatres, an integrated cancer centre, a mental health unit and a helipad in addition to a mix of small commercial developments. The works include a new hospital in addition to some minor refurbishment of heritage buildings.

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »