Just how bad is Vital Healthcare's governance?

Wed, 02 Jan 2019

By Jenny Ruth Jan.3 (BusinessDesk) - Vital Healthcare Property Trust’s manager continues to maintain the fiction that Vital and its investors have any agency in determining its future. Effectively, they don’t. This lack of agency, the governance structure, and the fact that Vital is largely at the mercy of its manager, is at the root of investors’ complaints. Take last month’s annual general meeting. It wasn’t, in fact, Vital’s AGM, even though it was billed as that, but actually the AGM of its manager, NorthWest Healthcare Properties...

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