Exemplar Health consortium announced as preferred bidder for the New Melton Hospital Project.

The Exemplar Health consortium including Capella Capital as lead sponsor, investor and asset manager has been announced by the Victorian Government as the preferred bidder on the New Melton Hospital Project.

This announcement represents the strength of Capella Capital’s expertise in developing and financing public partnership projects and health infrastructure, following up on its success on the recent Frankston Hospital Redevelopment Project.

The Capella led Exemplar Health consortium comprises:

• Capella Capital as lead sponsor, investor (on behalf of Lendlease), financial advisor and asset manager
• Lendlease as design and construction partner
• Honeywell and Compass Group Healthcare as facilities services providers
• Invesis Coöperatie U.A as investor.

The Exemplar Health consortium will enter into exclusive contract negotiations with the Victorian Government to finalise contract details and achieve financial close, which is expected later this year.

Quote attributable to Capella Capital Director, Sarah Neaves:   
‘Capella Capital is delighted to have reached this milestone.

This project is a truly transformative project for Melbourne’s outer west. It will ensure communities in Melbourne’s west can access health services close to their homes.

The project will also accelerate development of the Cobblebank Metropolitan Activity Centre, creating a new and vibrant precinct and delivering long term social and economic benefits to the west.

We look forward to working in partnership with the State Government, Western Health and our partners to achieve financial close, and making this project a reality.’