Vital's manager looking to invest more than $350 million

Vital's manager looking to invest more than $350 million
Jenny Ruth
By Jenny Ruth Aug. 9 (BusinessDesk) - Vital Healthcare Property Trust’s manager is still looking for investment opportunities and believes the trust has more than $350 million of firepower. Vital has $257 million of headroom on its existing banking facilities and its manager, Canada-based NorthWest Healthcare Property Real Estate Investment Trust, says it is looking at selling about $100 million of Vital’s properties. In May, NorthWest bowed to investors' wishes and agreed that Vital wouldn’t participate in a deal to buy Australian hea...

More Services

Former school lunch provider in liquidation
Law & Regulation

Former school lunch provider in liquidation

Secret Chef stopped trading in December last year.

Michael Neilson 18 Mar 2025
Libelle approached liquidators late last week
Services Exclusive

Libelle approached liquidators late last week

Liquidators were called on the same day a student was burned by a meal.

Cécile Meier 11 Mar 2025
HelloFresh faces legal action for misleading consumers
Services

HelloFresh faces legal action for misleading consumers

Previous customers were allegedly offered a discount voucher.

BD AI 11 Mar 2025
NZ Post increasing Manila outsourcing
Services

NZ Post increasing Manila outsourcing

The Philippines call centre is set to expand by 15 people in May.

John Anthony 06 Mar 2025