Funds secured for new Cork hospital

The developer of a new private hospital in Cork has secured loans of €30 million to complete the fit-out of the project.

Susan Mitchell

Deputy Editor and Health Editor @susmitchellsbp
13th February, 2010

The developer of a new private hospital in Cork has secured loans of €30 million to complete the fit-out of the project. Bank of Ireland provided most of the funding to Cleary Developments, which is building the facility at the City Gate Medical campus in Mahon. It will be operated by Sheehan Medical, the hospital operator which has interests in the Blackrock and Galway clinics.

James Sheehan, chief executive of Sheehan Medical, said the banks...

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