Globalvia sells stake in port and hospital concessions

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Globalvia sells stake in port and hospital concessions

Spanish-based Globalvia has sold stake in Torredembarra Port in Catalonia and the Sureste Hospital in Madrid. The transaction involves the sell of 26% and 11.67% stake in the assets respectively.

A shareholder of the Torredembarra port as acquired the stake in the project, which involves to build, operate and maintain a marina in the town of Torredembarra (Tarragona province) with 714 berths, in addition to business premises and storage facilities. The term of the concession is 30 years.

Aberdeen acquires Globalvía’s equity stake of the concession for the construction and operation of Hospital del Sureste, located in Arganda (Madrid). The hospital had 110 hospitalisation beds in 2007, expandable to 148 in 2017, and an estimated floor area of 37,000 metres. The concession period is 30 years and the hospital has been fully operational since 2008. As a result to the transaction Aberdeen now controls 100% of the concession.

With this transaction Globalvia abandons both the port and healthcare businesses and will devote all its efforts to growing on highways and railways.

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