Leighton working on Northern Beaches Hospital

Company News

Construction and engineering company Leighton Holdings Limited (ASX:LEI) is poised to design and construct Sydney’s new Northern Beaches Hospital. 
 
The company has reached contractual close with Healthscope Limited (ASX:HSO) who have been appointed as the hospital’s operator by the New South Wales Government. 
 
Leighton anticipates revenue from the project is about $540 million with construction due to start early next year and the new hospital set to open in 2018. 
 
The design includes a 50-space emergency department, 14 operating theatres and six surgical suites, intensive care and critical care units and an inpatient mental health facility. 
 
Leighton Holdings reported a net profit of $285 million in the first half of the 2014 calendar year. 

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.