Fisher & Paykel Healthcare has agreed to sell land in Drury, Auckland, to Health New Zealand to facilitate the construction of a new hospital. The sale involves 13 hectares of the company’s substantial 105-hectare property located on Karaka Road. The transaction is valued at $45.3 million. This deal will enable the development of much-needed healthcare infrastructure in the Auckland region. Fisher & Paykel Healthcare will retain the remaining 92 hectares of its Drury site for continued operations and potential future expansion. The sale underscores a collaboration between the private sector and the national healthcare system to address growing healthcare demands in Auckland. The new hospital is intended to improve access to medical services for the local population.