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Queen Alexandra Hospital, ground leases of land at the Main Entrance and North Entrance

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What the buyer wrote

Portsmouth Hospitals University NHS Trust ("PHUT") has entered into a series of leasing agreements with Noviniti Dev Co 7 Limited ("Noviniti") in respect of a new retail use and lecture theatre and clinical space development ("the Development") at land at the Main Entrance and North Entrance at the Queen Alexandra Hospital, Portsmouth ("the Hospital") with Compass as Noviniti's initial tenant and retail operator. The contractual arrangements are structured as a land transaction exempt from the Public Contracts Regulations 2015 ("PCR") and the Concession Contracts Regulations 2016 ("CCR"). Noviniti has drawn down two 46 -year ground leases ("GL") of the site in exercise of an option agreemen…

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Details

What the buyer calls it
Queen Alexandra Hospital, ground leases of land at the Main Entrance and North Entrance
How they are buying
Given to one supplier, no competitionNobody else was asked, and the buyer has to be able to justify that.
Type
works
Where
in the South East

Who the buyer named

The buyer published a contact address on this notice.

holly.smith@soeprocurement.nhs.uk