NorthWest dangles higher payouts to Vital Healthcare investors

Mon, 02 Mar 2020

Vital Healthcare Property Trust's manager is promising investors their net distributions will rise about 10 percent, subject to a number of assumptions, if they approve its plan to change Vital's structure and list it on ASX.The benefits to the manager, which is owned by Canada-based NorthWest Healthcare Real Estate Investment Trust, will be even greater – it owns almost 25 percent of Vital's units and its net distributions would rise an estimated 38 percent.The improvement for the manager is so great because it currently has a relatively disad...

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