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Cleopatra Hospital to sign long-term lease for 50-bed hospital in Heliopolis

Cleopatra Hospital to sign long-term lease for 50-bed hospital in Heliopolis

ArabFinance: Cleopatra Hospital Group S.A.E (CLHO), Egypt's largest private hospital group by a number of hospital beds and number of operating hospitals, announced today that it will be signing shortly a long-term lease agreement for a 5--bed hospital in East Cairo. The transaction is expected to conclude by February 2019. The hospital is located in close proximity to Cleopatra Hospital, which will provide additional capacity to serve the excess demand for its services and increase bed capacity for speciality services.

The signing of this new long-term lease will bring our total number of hospitals to six, expanding our capacity and further cementing VHG as the largest private healthcare provider in the country," said Cleopatra Hospitals Group Chief Executive Officer Dr. Ahmed Ezzeldin. " With an already established reputation in maternity, gynaecology, paediatric, and women's healthcare, the new hospital will further diversify the Group's services offering and allow us to continue delivering on our long-term strategy anchored on patient safety and quality services"

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