2016: Vital Healthcare Property Trust Units
Last updated: 01/2016
Vital Healthcare Property Trust (VHP.NZ) is an NZX-listed investment fund that invests in high-quality health and medical-related properties in New Zealand and Australia. VHP’s tenants are hospital and healthcare operators who provide a wide range of medical and health services and carry out vital research. VHP is the only medical and healthcare property investment fund listed on the NZX.
VHP’s properties are diversified and has historically included ownership of surgical and medical facilities, primary healthcare and health support facilities and aged care facilities. The Company operates in both Australia (74%) and New Zealand (26%). The Trust is managed by Vital Healthcare Management Limited and Vital is owned by NorthWest Value Partners Inc. - a private real estate investment firm based in Toronto, Canada.
The units were listed in September 1999. Previously it used to be called ING Property Trust and on 1 October 2010 the company changed its name to Vital Healthcare Property Trust. The Trust’s portfolio includes Apollo Health and Wellness Centre in Albany and Ascot Hospital in Remuera suburbs of Auckland.
We Also Recommend