Vital won't participate in Healthscope purchase

Vital won't participate in Healthscope purchase
Jenny Ruth
By Jenny Ruth May 10 (BusinessDesk) - Vital Healthcare Property Trust’s manager says it won’t proceed with the Healthscope purchase and the manger’s chief executive, David Carr, has resigned. Carr will be replaced by Miles Wentworth who had managed the NZX-listed Vital when it was called Calan Healthcare Properties Trust for 10 years until 2006. It also appears that the manager, Canada-based NorthWest Healthcare Property Real Estate Investment Trust, won’t charge Vital the $3 million fees it previously said it would keep if Vital didn’...

More Services

Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Staff reporters 03 Jul 2025
Aussie fund manager Shaws buys Devon Funds
Finance

Aussie fund manager Shaws buys Devon Funds

The deal is the latest tie-up between Australian and NZ funds managers.

Staff reporters 24 Jun 2025
Buy NZ Made's new service trademark sets high bar
Services

Buy NZ Made's new service trademark sets high bar

One certified business says it sets it apart from multinational competitors.

John Anthony 23 Jun 2025
Reel pain: Strikes hit NZ cinemas, profits dive
Services

Reel pain: Strikes hit NZ cinemas, profits dive

Cinema chains in NZ face box office suspense.

Victoria Young 28 May 2025