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: 01/12/2022

Directors and Executives

Angela Bull
Independent Director
Michael Groth
Chief Financial Officer
Aaron Hockly
General Manager
Paul Dalla Lana
Director
Craig Mitchell
Director
Michael Stanford
Independent Director
Graham Stuart
Independent Chairman

Announcements

Title Date Type
Vital's FY24 second quarter distribution Thu, Feb 15 2024 08:30 am CORPACT
Healthcare property provides underlying income growth Thu, Feb 15 2024 08:30 am HALFYR
Half year results announcement date and webcast details Wed, Jan 24 2024 10:33 am MKTUPDTE
Indicative valuation changes; non-core asset sales update Mon, Jan 15 2024 09:34 am MKTUPDTE
D&O ongoing disclosure - Aaron Hockly DRP Mon, Dec 18 2023 10:21 am SHINTR
D&O ongoing disclosure - Graham Stuart DRP Mon, Dec 18 2023 10:21 am SHINTR
Allotment of distribution reinvestment plan units Thu, Dec 14 2023 10:33 am SECISSUE
DRP strike price set at $2.043050 Wed, Dec 06 2023 11:43 am CORPACT
Confirmation of re-election of Dr Michael Stanford Thu, Nov 09 2023 03:55 pm MEETING
Vital 2023 Annual Meeting Thu, Nov 09 2023 09:03 am MEETING

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
29/09/22 Graham Stuart 51,084 - - -
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 77.5 12.7 9.7 149.8 125.6 117.3
high 89.5 14.0 9.8 149.8 125.6 125.6
low 65.5 11.4 9.7 149.8 125.6 109.1
sample 2 0 2 2 1 1 2

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: 10/11/2022


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