Shedding Toronto flu a costly but healthy move for Vital

Vital unitholders finally end 15-year management fiasco. (Image: Supplied/BusinessDesk)

Fri, 14 Nov 2025

Everyone keeps saying it’s a good thing that Vital Healthcare is finally internalising the management of its property portfolio.And they are mostly right. It has been a diabolical situation for at least 15 years for unitholders of the NZX-listed property trust, which owns about $3.3 billion of healthcare properties across New Zealand and Australia.In fact, if ever there was an example of misalignment of shareholder interests and an abhorrent transfer of wealth to a third party, Vital Healthcare probably takes the cake.You only have to loo...

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