500-Bed Smart Hospital Project, Thu Duc City

Reference
SI-027
Sector
Healthcare & Pharma
Location
Thu Duc City, Ho Chi Minh City
Operating history
Not disclosed
Status
Project / greenfield
Revenue
Not disclosed
Asking price
US$25MVND 650bn
Stake offered
100%
Deal type
Majority or full sale

Overview

Greenfield smart-hospital project on titled healthcare land in an urban area of HCMC, designed to Japanese healthcare standards.

Key facts and assets

  • 21,625 m² of land with a land-use certificate for healthcare facilities
  • 20 floors plus 2 basements; gross floor area over 173,000 m²; 500 beds (phase 1: 300)
  • Total investment about VND 4,452bn; IRR 16.9% against WACC 10.1%; NPV about VND 3,333bn; payback about 8.5 years
  • Planned volumes: 912,500 outpatient visits and 18,250 surgeries a year; about 750 doctors and staff
  • Focus on cardiology, endocrinology, emergency care, rehabilitation, geriatrics and health screening

Who it suits

Domestic and foreign healthcare groups, healthcare real-estate and infrastructure funds, and financial institutions.

Transaction sought

Sale of 100% of the project or shares at VND 650bn.

USD figures are indicative, converted at about VND 25,500 per US$. Figures come from the seller and are unaudited.

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