First public sale of ailing hospital

15th August 2006, Comments 0 comments

15 August 2006, AMSTERDAM — Slotervaartziekenhuis is to be the first hospital in the Netherlands to change hands by public sale.

15 August 2006

AMSTERDAM — Slotervaartziekenhuis is to be the first hospital in the Netherlands to change hands by public sale.

Amsterdam housing cooperatives 'De Key' and 'Het Oosten' and healthcare organisation Cordaan have signed a declaration of intent to purchase the hospital in the west of Amsterdam.

The buildings and control of the hospital will be transferred to the three parties by the end of the year, the hospital said. The consortium lodged its bid last week but the financial terms have not been disclosed.

Slotervaartziekenhuis is in financial difficulties and has been in talks with several parties about a takeover for some time. The sale of the hospital guarantees its immediate future.

According to the hospital's management the offer from Cordaan, Het Oosten and De Key was the closest to its own vision for the future. The parties have agreed to strive for a "flourishing basis hospital as an unmissable component of the complete chain of healthcare in Amsterdam-West."

The three buyers will unveil their business plan shortly. It will involve splitting up the hospital and turning part of the complex into housing units.

[Copyright Expatica News + ANP 2006]

Subject: Dutch news

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