$200m capital raising to fund acquisitions and developments

Vital Healthcare Property Trust, the Manager, NorthWest Healthcare Properties Management Limited, and their respective Advisers have today announced their intention to raise $200m of new equity capital through a 1 for 8.54 underwritten pro rata accelerated entitlement offer to fund $225m of new acquisitions and developments.

The Offer comprises four separate components, with NorthWest committing to participate by subscribing for $55m of new units.

The Offer is expected to result in an improved NTA and AFFO guidance.