Feature

Healthcare

Staff Reporter

, Singapore

Published:

8 years ago

Perennial Real Estate boosts healthcare aspirations with 20% stake in child health firm

The deal is worth an estimated $28.7m.

Aiming expand its footprint in the healthcare sector, Perennial Real Estate Holdings has acquired a 20% stake in Shenzhen Aiigong Modern Maternal and Child Health Management, a maternal and child health management company that specialises in post- and neo-natal care in Shenzhen and Beijing.

According to a report by DBS, Aidigong is one of the leading post- and neo-natal care centres in both cities, and it currently owns five centres, including its new 89k-sqft centre at Perennial’s Chengdu Medical Hub, expected to open by end- 2016/2017.

DBS said the acquisition is in line with the firm’s long-term strategy to expand its healthcare segment, as well as to grow a portfolio of holistic medical and healthcare services.
“Moving forward, management will continue to explore strategic partnerships/joint ventures with leading medical and healthcare-related operators and is optimistic on its pipeline of business opportunities in this segment,” DBS said.

Also Read

Amrita Hospital inaugurates dermatology and cosmetology centre

Woodlands Health, SUSS to develop certification in human factors

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Amrita Hospital inaugurates dermatology and cosmetology centre

It offers services such as carbon dioxide laser treatment and micro-needling.

Healthcare

1 hour ago

Woodlands Health, SUSS to develop certification in human factors

The programme is expected to roll out in July 2025.

Healthcare

2 hours ago

Australia to form transition taskforce for aged care reforms

It will provide advice to ensure reforms address future challenges and opportunities in aged care.

Healthcare

2 hours ago

Global regenerative medicine market to grow by $70.11b by 2028

It is driven by developments in personalised medicine, gene therapy, and CRISPR technology.

Healthcare

2 hours ago

Exclusives

HMI Medical rebranding marks shift to integrated care

Through M&As, the group is building a ‘house of brands’ for each medical area.

Healthcare

Electronic health records with AI show promise

They are also at risk from backdoor attacks, data poisoning and unauthorised access.

Healthcare

Patients suffer from Southeast Asia’s lack of unified health platform

The absence of a single ecosystem is hurting patients’ welfare.

Healthcare

Indonesia’s Tzu Chi Hospital uses robot to treat hernia

The medical facility has treated 40 patients using a minimally invasive procedure.

Event News

Medical Fair Asia and Medical Manufacturing Asia fosters connections, collaborations in the healthcare and medical technology industry

Healthcare

The trade show, which was held in Singapore, successfully brought together over 13,000 visionary digital health innovators, government leaders, and industry pioneers from the medical and healthcare sectors.