Vital Healthcare Property Trust

Vital Healthcare Property Trust is a real estate investment trust that invests in healthcare and medical-related properties in NZ and Australia. The trust primarily focuses on acquiring and managing buildings, but will from time to time undertake design, refurbishment and development of properties as well.

The Vital investment portfolio of 44 properties had a value of over $2 billion in 2020. Current tenants include private hospitals, mental health facilities, surgical providers, medical offices, rehabilitation centres and residential aged-care services.

The trust has been listed on the NZX under the ticker VHP since 2010. Vital is externally managed by its largest shareholder, NorthWest Healthcare Properties REIT.

Company Details

Registered Office: Level 17,, HSBC Tower, 188 Quay Street, Auckland Central 1010

Postal Address: PO Box 6945, Victoria Street West, Auckland 1142

Telephone: +64-09-973-7303

Facsimile: +64 9 303 0178

Website: http://www.vitalhealthcareproperty.co.nz/

First Listed: 07/09/1999

Balance Date: 30 June

AGM: 09/11/2023

Directors and Executives

Mike Brady

Director

Angela Bull

Independent Director

Michael Groth

Chief Financial Officer

Aaron Hockly

General Manager

Craig Mitchell

Director

Michael Stanford

Independent Director

Graham Stuart

Independent Chairman

Announcements

Title	Date	Type
Capital recycling and indicative valuation changes	Wed, Jun 26 2024 12:07 pm	MKTUPDTE
D&O ongoing disclosure - Graham Stuart DRP	Fri, Jun 21 2024 04:44 pm	SHINTR
D&O ongoing disclosure - Aaron Hockly DRP	Fri, Jun 21 2024 04:44 pm	SHINTR
Allotment of distribution reinvestment plan units	Thu, Jun 20 2024 02:07 pm	SECISSUE
DRP strike price set at $1.894544	Wed, Jun 12 2024 04:29 pm	CORPACT
Vital announces FY24 Third Quarter Results	Thu, May 09 2024 08:31 am	MKTUPDTE
Vital's FY24 third quarter distribution	Thu, May 09 2024 08:30 am	CORPACT
D&O ongoing disclosure - Aaron Hockly DRP	Mon, Mar 25 2024 02:46 pm	SHINTR
D&O ongoing disclosure - Graham Stuart DRP	Mon, Mar 25 2024 02:46 pm	SHINTR
Allotment of distribution reinvestment plan units	Thu, Mar 21 2024 10:11 am	SECISSUE

Major Holdings Announcements

Date	Name	No. Held	%	Current
31/08/22	NorthWest Healthcare Properties Rea	185,294,299	27.64	28.29
23/08/22	Accident Compensation Corporation	32,534,879	5.00	5.01
21/03/22	Forsyth Barr Investment Management	40,830,714	8.11	7.07
21/03/22	ANZ New Zealand Investments Limited	28,221,139	5.06	4.89
22/12/20	NorthWest	133,279,696	26.35	25.85

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
18/12/23	Graham Stuart	79,281	-	-	-
29/09/22	Aaron Gibb Bryan Hockly	76,796	-	-	-
01/07/22	Andrew Hardwick Evans	764,615	-	-	-
01/07/22	Paul Dalla Lana	179,415,788	-	-	-
02/04/19	Claire Higgins	82,320	-	-	-
03/04/18	Graeme Horsley	304,723	-	-	-
02/06/17	David Carr	-	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	-87.1	10.2	9.8	152.5	130.7	130.7
high	-87.1	10.2	9.8	152.5	130.7	130.7
low	-87.1	10.2	9.8	152.5	130.7	130.7
sample	1	0	1	1	1	1	1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 14/12/2023