South African property review

Hospital Registered beds Gauteng North East   Akasia Hospital 116 Bagleyston Day Hospital 24 Bronkhorstspruit Hospital 43 Femina Hospital 134 Ferncrest Hospital1 163 Jakaranda Hospital 130 Linksfield Hospital 283 Linmed Hospital 172 Moot Hospital 92 Optiklin Eye Hospital 14 Pretoria East Hospital 358 Sunninghill Hospital 252 Sunward Park Hospital 174 Unitas Hospital 470 Wierda Park Hospital 17   2 442 Gauteng South East   Bell Street Hospital 50 Clinton Hospital 165 Constantia Day Hospital 30 Garden City Hospital 395 Kroon Hospital 80 Krugersdorp Hospital 310 Milpark Hospital 342 Mulbarton Hospital 105 Netcare Rehabilitation Hospital 110 Olivedale Hospital1 265 Park Lane Hospital 204 Protea Day Hospital 10 Rand Hospital 151 Rosebank Hospital 135 Union Hospital 222 Vaalpark Hospital 68   2 642 Coastal   Alberlito Hospital 119 Blaauwberg Hospital 100 Christiaan Barnard Memorial Hospital 244 Cuyler Hospital 120 Greenacres Hospital 324 Kingsway Hospital 135 Margate Hospital 85 N1 City Hospital1 225 Parklands Hospital 188 St Anne’s Hospital 162 St Augustine’s Hospital 418 The Bay Hospital 198 Umhlanga Hospital 202   2 520 Total 7 604 1Leased property

Netcare Alberlito Hospital, KwaZulu-Natal		Netcare Blaauwberg Hospital, Western Cape

Netcare’s South African property division manages the property requirements of Netcare’s 56 hospitals. Responsibilities include refurbishments, upgrades, additions and interior design to the property portfolio. Stringent financial measures are in place to ensure adequate return on investment, maintaining non-income producing spend to a minimum and ensuring that the cost per bed and area per bed ratios remain at optimum levels.

Netcare operates and controls 44 hospitals of which 41 properties are owned. The property portfolio was recently valued at R9 581 million. At 30 September 2007, Netcare operated or managed a further 12 hospitals through associate investments (including Community Hospital Group (CHG)). In October 2007, Netcare acquired the remaining interest in CHG, adding five hospitals with 682 registered beds.

Netcare continued to make significant investments in existing facilities and equipment. During the year, two new hospitals were commissioned in South Africa, the Alberlito Hospital in KwaZulu-Natal and the Blaauwberg Hospital in the Western Cape. These facilities added 219 beds and eight operating theatres to the portfolio. Investments made in new facilities included the ICU units at Parklane, Linksfield and Akasia, trauma units at Pretoria East and Sunward Park, a neuro vascular unit at Unitas, cardiac catheterisation laboratories at St Augustines and St Annes and upgrades to several facilities, adding a further 116 beds.

Netcare’s current projects in development include the construction of oncology units at Clinton and Unitas, a catheterisation laboratory at Christiaan Barnard Memorial, a trauma unit at Greenacres, a maternity theatre and ICU at St Annes, a maternity ward at Clinton, a trauma unit at Linksfield and the expansion of the Umhlanga hospital.