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Evening Standard
Evening Standard
Business
Michael Hunter

London property slowdown could help capital catch up with healthcare facilities

Assura London NHS Standard

Assura’ s Jonathan Murphy told The Standard there is a chance to improve London’s healthcare estate

(Picture: Provided by Assura)

A slowdown in the property market could help London catch up with much-needed investment in NHS infrastructure, the CEO of a £3 billion healthcare property trust has told The Standard.

Assura’s Jonathan Murphy said the capital had “the worst healthcare estates of anywhere in the country,” in part due to an industry-wide method of considering land valuations agreed with the NHS that works better elsewhere where values are cheaper.

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