Group Health Centre put two properties on the market for $5.7M

  • 📰 SooToday
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 85%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A Group Health Centre spokesperson says the buildings at 170 East St. and 773 Great Northern Rd. have been put up for sale as part of a long-term strategy to focus more on patient care and program development rather than property management

The Group Health Centre, which has been plagued with problems since it announced earlier this year it was de-rostering over 10,000 patients, has listed two of its Sault Ste. Marie properties for sale for a combined $5.7 million.

On Tuesday, GHC manager of communication Giordan Zin confirmed that building and the GNR Professional Centre at 773 Great Northern Rd. are both for sale. The GNR Professional Centre was also listed three days ago with an asking price of $4.2 million. "Since we are in the process of listing these buildings for sale, we are unable to share specific information that could potentially prejudice us in any negotiations with prospective buyers," said Zin of what remains owing on the properties.

"The decision to sell and divest this interest was made by the board of 2351132 ONTARIO INC., which oversees the ownership of the property," said Zin. "By transitioning to a tenant model, we’re better positioned to prioritize resources for enhancing patient care and expanding services, rather than managing buildings."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines