Subscribe today - find out more
Why you should consider BusinessDesk

NorthWest to review its Vital management fees and rights

Jenny Ruth
Thu, 22 Nov 2018

By Jenny Ruth Nov. 23 (BusinessDesk) - Vital Healthcare Property Trust’s manager says it won’t exercise rights to remove directors or increase fees above current levels. The manager, Canada-based NorthWest Healthcare Properties Management, owns both Vital’s management contract and almost 25 percent of Vital’s units. NorthWest says it plans to review its management fees in the first quarter of calendar 2019. In the meantime, it has committed “not to exercise certain rights set out in Vital’s trust deed for the duration of the fee rev...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Bose QC45 are simply great headphones
Henry Burrell | Sat, 04 Dec 2021

They’re feature-light compared to some rivals, but top-end noise cancellation and supreme comfort make these headphones a fine buy. 

On the Money
On the Money: Greg Foran's golden words, Colin Neal, Chris Meehan, and more
Rebecca Stevenson | Sat, 04 Dec 2021

OTM this week: the value of a broken-down old shopkeeper, Colin Neal's next Move, Chris Meehan's real meaning of long-term, and more. 

Long live the broker, the broker is dead
Brian Gaynor | Sat, 04 Dec 2021

An increase in direct listings on the NZX is a welcome development, but they won’t gain any significant traction until brokers embrace them.

Creating a sustainable transport future today

TR Group assist businesses with the journey of de-carbonising heavy commercial fleet or the logistics around distributing products and services.

Statutory reform can deliver momentum to land transport decarbonisation

To met the government's ambitious net carbon zero target, New Zealanders need to reduce their reliance on cars.