David Di Pilla’s HMC Capital all for taking | Australian Markets
The proprietor of 11 Healthscope hospitals says it has been approached by events — together with a consortium led by David Di Pilla’s asset supervisor HMC Capital — all for taking up the services from US personal equity giant Brookfield.
The HMC-managed real estate group HealthCo and its unlisted healthcare fund on Friday stated it had been approached by “capable and qualified” events to probably tenant its hospitals leased to Healthscope.
“In the event that Healthscope were to breach its lease obligations, HCW would seek to replace Healthscope’s tenancies with other hospital operators,” it stated.
“(HealthCo) understands that HMC is in discussions with a broad group of key stakeholders as part of the consortium. (HealthCo) will consider all proposals.”
The longer term of Healthscope — Australia’s second-biggest personal hospital operator — hangs within the steadiness because it wrestles with a $1.6 billion debt. Healthscope was given till March to renegotiate with its lenders.
HMC Capital real estate managing director Sid Sharma stated it was happy with the inbound curiosity from potential tenants keen to make sure continuity of important healthcare providers to Australians.
“We recognise that the HCW unit price has continued to be impacted by speculation about Healthscope and have proactively prepared for a number of potential scenarios that could play out in the short term,” he stated.
HealthCo’s share price has fallen to 98¢ from over $2 when it listed in September 2021.
It comes a day after Healthscope had tapped former Qantas worldwide boss Tino La Spina to take the highest job, changing Greg Horan.
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