Norwest. New hospital complex open

Aspen Group has notified the ASX that settlement of the hospital component of the Norwest Private Hospital development was completed on September 3. The hospital component in the $125 million development was sold to Healthscope Limited for $61 million. A further $11 million of medical suites is expected to be settled this month. The hospital will replace the existing Baulkham Hills Private Hospital, which Healthscope plans to convert into a rehabilitation centre. The recently opened Norwest project, comprising 171 beds, 10 operating theatres, over 8000 square metres of strata suites and 690 car bays, was the second developed by ADF, for Healthscope, following completion of the Campbelltown Private Hospital in 2007.