The independent directors of the Vital Healthcare Property Trust’s manager, NorthWest Healthcare Properties Management Ltd, said today the company had reached conditional agreement on a new governance & fees structure.
Vital Healthcare Property Trust
Vital Healthcare Property Trust’s net profit for the December half fell 11.5%, but management company chief executive David Carr said on Friday its underlying portfolio performance was sound and it continued to deliver on the strategy of growing scale & diversity.
Entities in the NorthWest Healthcare Properties group of Toronto have signed a conditional contract to buy 11 hospital property assets from hospital property assets from ASX-listed Healthscope Ltd for $A1.258 billion, but the NZX-listed member of the group, the Vital Healthcare Property Trust hasn’t signed up to participate – yet. At the beginning of December, […]
In the turbulence in the week before Vital Healthcare Property Trust’s annual meeting in December, an update by the trust manager on brownfield development & strategic acquisitions was easily set aside.
Dissident corporate unitholders in the Vital Healthcare Property Trust got majority support for 3 of their 5 proposals put to the annual meeting yesterday, but failed in the bid to get their nominee elected to the management company board.
NZX-listed Vital Healthcare Property Trust has doubled its loan to its manager to support the acquisition of an increased stake in Australian listed company Healthscope Ltd.