Mayo Clinic, Pontiac Land tie up to expand Rochester campus
Collaboration will deliver additional clinical space and a hotel, which will be operated by a major hotel group
Singapore
MAYO Clinic and real estate developer Pontiac Land Group are collaborating in an expansion of Mayo's Rochester campus which will deliver additional clinical space and a hotel.
While the plans for the development are still being finalised, Mayo Clinic plans to invest US$190 million into the clinical expansion, which will be used for the Mayo Clinic Cancer Center and Outpatient Procedure Center.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
China Vanke posts another quarterly loss on sales drought
Miami office tower goes up for sale for more than US$500 million
WeWork cuts new restructuring deal that spurns Adam Neumann
Abu Dhabi builder plans US$6.8 billion luxury housing project
JTC to sell hospitality project being built in Punggol Digital District
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds