Apollo Hospitals acquire Gurugram hospital asset for $57m

The facility purchased from Nayati Healthcare has a potential of 650 beds.

India-based Apollo Hospitals has acquired a hospital asset in Gurugram from Nayati Healthcare and Research NCR Private Limited for a consideration of $56.51m (Rs 450 crs), the hospital operator announced in a bourse filing.

The healthcare facility spread across 5.63 acres of land with a potential of 650 beds, Apollo Hospitals said. The asset was originally sold by DLF Qutub Enclave Complex Medical Charitable Trust to Nayati Healthcare in 2011.

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The transaction has been consummated through AHEL’s 100% subsidiary, Apollo Hospitals North Limited, and funded using available surplus funds with the group, the company said.

Apollo Hospitals also expressed plans to build an integrated healthcare complex located on the Golf Course Road at Gurugram in 24 months. The company seeks to bring advanced clinical services through its faculty and international collaborations.