this is what the press says..
A development approval will be lodged by Australian Property Trust with Wollongong City Council within the month to undertake a $4 million refit of the Rydges Hotel property.
Evolution Health Care will lease the building on a “long-term arrangement”.
The deal was negotiated by Colliers International’s national director of transaction services – healthcare and retirement living, Phil Smith, as advisor to the Australian Property Trust.
Smith says the transaction was a long and complex negotiation, and is a great result for both parties and the broader Illawarra community, which is poorly served in terms of mental health.
The Australian Property Trust acquired the building in 2004 when it was known as the City Pacific Hotel and appointed Rydges to manage the property.
In 2005, the trust spent $3.25 million upgrading the hotel, including adding nine new rooms.
Evolution Health Care chairman and CEO Ben Thynne says Wollongong Clinic will deliver state-of-the-art private mental health services to the Illawarra region.
“Local psychiatrists have, and will continue to, be involved with the planning of the facility, which will offer vital services such as general psychiatry, depression, bi-polar and post-traumatic stress disorders,” he says” 112 Burelli Street, Wollongong, New South Wales
WHO OR WHAT HAS CAUSED THESE TRAUMATIC STRESSES
Thynne says the clinic will add 80 jobs and 90 additional private hospital beds to the Illawarra when fully functional.
You just happen to draw the short straw..
Oh, the bit of where did You get this bit of diviet information regards
EVOLUTION HEALTH CARE… EASY PEASY – WENCH