Vital Healthcare Property is creating value through precincts

The building forms part of the Gold Coast Health and Knowledge Precinct (Image: BusinessDesk)

Mon, 17 Jul 2023

Under the hot Gold Coast sun, a raft of company executives donned hardhats and silver shovels to turn the sod on Vital Healthcare Property Trust’s new project, a model they say generates more value for unit holders and could be replicated in New Zealand.“We are moving away from stand-alone real estate to investment in healthcare precincts, which is social infrastructure,” said Northwest chief executive for Australia and New Zealand Craig Mitchell at the ceremony on May 31.“This is really the evolution.”Northwest He...

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