Peninsula University Hospital Redevlopment

Project facts

Client
Victorian Health Building Authority and Peninsula Health
Location
Melbourne, Victoria, Australia
Date
2020 - 2022
Our role
  • Financial Advisory
  • Commercial Advisory
  • Capital Raising and Refinancing
  • Bid Leadership and Advisory
Sector
Public Private Partnerships
Structured Property
Other
Contract Type
Public Private Partnership
Project Value
$1.1 billion

The Peninsula University Hospital Redevelopment PPP consists of a new wing to double the floor area on this health campus, refurbishment works within existing buildings, the transfer of maintenance obligations, retail, new childcare and a community centre.

Dan led the commercial and legal workstream for the Exemplar Health consortium while working at Capella Capital, the project’s lead sponsor. He also developed the value creation solution which consists of extensive in-hospital retail, a new community centre and a childcare facility. 

The contracting structure followed typical PPP arrangements with the special purpose Project Co subcontracting with Lendlease Building as D&C Contractor, Honeywell as Maintenance Contractor and Compass providing soft services. The innovative value creation solution involved a 25-year term contract with Jenny’s Early Learning Centre, and a focus on local Mornington Peninsula-based food businesses for retail operators.

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