Vital Healthcare Property Trust has reported a 4.1% increase in net property income (NPI) for the six months ended Dec 31 2023.
The growth in NPI, on a same property, constant currency basis, was attributed to Vital's execution of its strategy.
The company's market-leading portfolio of healthcare assets in Australia and New Zealand is now valued at $3.2 billion, with a 98.2% occupancy rate and a weighted average lease term of 19.2 years.
Vital also highlighted its recognition as a sector leader in environmental, social, and governance (ESG) by GRESB.
Distributions were maintained at 4.875 cents per unit.
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