Nobody blew the expansion plans of the Hospital da Luz – Business Journal – Portugal

Nobody blew the expansion plans of the Hospital da Luz – Business Journal – Portugal

The fact that the Holy Spirit Health be the target of a takeover bid conditional on management. The President Isabel Vaz could not, for example, go to the auction of the land wherever expand the Hospital da Luz. But nobody wanted to buy them.

There were no interested the land for which the Hospital da Luz whether to expand. What makes the plans of the owner of that unit, Espírito Santo Saúde, he could not move, this Tuesday, for that acquisition to be with limited powers at this time.

In the public auction of the plot, marked not for this Thursday, October 2, appeared interested in bidding on the property where, this time, is housed the barracks of the Fire Brigade Regiment Lisbon, reported as the Public and the Economic Daily and confirmed Affairs. Proposals for participation in the operation had to be delivered until yesterday. None was sent.

The minimum bid for this property, which has a construction area, for any use, almost 30 thousand square meters and a building that accommodates six to ten stories, was EUR 15.58 million. Nobody has been to acquire it.

Not even the Holy Spirit Health, which wants the land to expand its main hospital. The reason is the takeover bid of Loyalty which is ongoing at this time, as the business forward. The management is not authorized, during the period in which the operation takes place, to make investments exceeding EUR 1.25 million. More than ten times lower than what the land cost.

So, it is expected that it marked a new auction for the land to be auctioned again. Contacted, it was still possible to obtain clarification of the Municipality of Lisbon. The OPA’s Loyalty ends on 10 October, by which, after the liquidation of the offer, the powers of management again be normalized. It is not known if a new bid will occur when Isabel Vaz already have all the power in the hands of management -. Therefore not known whether the obstacles were here

What ES Health wants us to land adjacent to the hospital

The expansion plans of ES Health Hospital da Luz include two alternatives that can be performed simultaneously, according to the prospectus of the company on the stock exchange scattering, released in January.

On the one hand, it is admitted build another floor on the existing building, which would increase the area available on 5,200 square meters and increase the capacity of the unit by 16%. Another option is the installation of a new building on land already owned by ES Health, with a construction area of ​​6,500 square meters. The implementation of these plans will involve an investment of 60 to 70 million euros, missing define the form of financing.

If you can acquire the land where you installed the fire station, the capacity expansion of the Hospital da Luz almost tripled since the ES Health now has almost 30 thousand more square meters of construction area.