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Bangalore, Nov. 14 Columbia Asia Hospitals Pvt Ltd has announced that it has tied up with DLF Home Developers Ltd to develop hospitals.

DLFH will construct Columbia Asia-designed hospitals on land within DLFH townships and lease it to the hospital chain. DLFH’s parent, DLF Ltd, has 289 million sq ft of developed property and an additional 615 million sq ft planned.

The alliance would allow Columbia Asia to leverage the DLFH’s expertise in developing and building commercial properties, it said.

“We do not have sufficient numbers of people to manage the speed of our growth,” Mr Rick Evans, Managing Director of the Malaysia-based healthcare group, said. Columbia Asia has launched its first hospital in Bangalore and is building five more in Kolkata, Palam Vihar, Patiala, Mysore and Bangalore. It owns 13 additional locations independent of the tie-up with DLFH.

The group is owned by over 150 private equity companies, fund management organisations and individuals.

More Stories on : Alliances & Joint Ventures | Medical Institutions & Hospitals

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