industry news
Major upgrade for Soweto private hospital
C Hugh Scott-Barrett, CEO
The JSE has granted approval to UK’s Capital & Regional for a secondary listing
linix Health Group has announced a R230-million upgrade to Clinix Lesedi Private Hospital, the first black-owned private hospital in Soweto. It will also be renamed to Dr SK Matseke Memorial Hospital, as a tribute to the late Dr Solomon Kgokgophana Matseke, teacher, administrator, writer and scholar. The upgrade will commence immediately. Once completed, it will include a state-of-the-art 275-bed hospital with seven new operating theatres; a 20-bed ICU
facility; a 14-bed neonatal ICU; a seven-bed paediatric ICU; and an 11-bed maternity ward. A radiology department, casualty, pharmacy, pathology lab, renal facilities, nuclear medicine department, doctors’ rooms, administration, kitchen and reception areas, and a new road entrance will also be constructed. Architects Geyser-Hahn and construction company Raubex have been appointed to carry out the upgrades,
C
apital & Regional, a UK focused specialist property real estate investment trust (REIT) with a £1-billion portfolio of in-town dominant community retail and leisure centres in the UK, has been granted approval for a secondary listing on the JSE. Capital & Regional is a leading owner of dominant town centre community shopping centres in the UK. The group’s portfolio comprises six wholly owned shopping centres, collectively known as the mall portfolio, and 20% and 50% joint venture interests in two further centres located in the towns of Redditch and Ipswich. The JSE granted approval to Capital & Regional for a secondary listing of all of its issued ordinary shares on the Main Board of the JSE in the “Retail REITs” sector. This will be a foreign inward listing. Capital & Regional has its primary listing on the London Stock Exchange. At the date of this announcement, the market capitalisation of the company was £469,5-million. “The listing should improve both the depth and spread of the shareholder base and the liquidity and tradability of the company’s shares, while enhancing potential funding options to pursue future growth and investment opportunities,” says Capital & Regional Chief Executive Officer Hugh Scott-Barrett.
Dr KOP Peter Matseke, CEO of Clinix Health Group; Neria Matseke, wife of the late Dr SK Matseke; Dr Ayanda Ntsaluba, Chairperson of the Clinix Health Group; and Andrew Wilson, Hospital Manager at Dr SK Matseke Memorial Hospital
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which will also include a R60million investment in technology. Speaking at the launch, Dr Ayanda Ntsaluba, Chairman of the Clinix Health Group Board, said, “We are incredibly proud of the legacy we have created. Since Clinix Health Group was first established in 1992 with a clear purpose to bring private healthcare to previously disadvantaged communities, our objective has been to ensure that our hospitals remain cutting-edge, efficient and relevant to the needs of the communities. These upgrades will ensure we can meet and exceed these expectations for the people we serve. Along with Lesedi, we are investing an additional R32,5-million in upgrading three of our other properties, Clinix Naledi-Nkanyezi, Clinix Tshepo-Themba and Botshelong-Empilweni. We just completed the upgrades at Clinix Naledi-Nkanyezi and Clinix Tshepo-Themba, and work at Clinix Botshelong-Empilweni will commence later this month to ensure all of our hospitals offer state-of-the-art facilities and services.”
2015/10/14 12:14 PM
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2015/10/19 9:30 AM