Stay updated with breaking news from Adanac health. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Macquarie, Just Group Fund Specialist Healthcare in Southampton miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
By IPE staff2021-01-28T13:52:00+00:00 Canada Life Asset Management has invested £26.5m (€30m) to develop a UK car park. The £40bn asset manager has bought a 140-year leasehold interest in a site forming the first phase of Adanac Health & Innovation Campus, Southampton for University Hospital Southampton NHS Foundation Trust. Canada Life said it will invest the £26.5m to fund the construction of a 1,000 space multi-storey park and ride car park which is expected to be complete in April next year, after which the hospital trust will enter a 40-year leaseback agreement. Michael White, the head of UK property at Canada Life Asset Management, said the car park will free-up space and congestion in and around the General Hospital campus to enable increased capacity for future additional frontline services.