NZX flat as Vital Healthcare announces $200m capital raise

Vital healthcare announced plans for a $220m capital raise. (Image: Supplied)

Mon, 10 Nov 2025

The New Zealand sharemarket closed flat after being weighed down by a capital raising of more than $200 million from Vital Healthcare Property Trust.The S&P/NZX 50 Index reached an intraday low of 13,523.08 but recovered late afternoon to finish on 13,617.48, down 18.26 points or 0.13%. The property sector declined more than 1%.Vital Healthcare told the market it had reached a conditional agreement to take back the management rights from Northwest Healthcare Property Trust.“The internalisation represents the next key step in Vital&rsq...

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