Capital Change Announcement

Manager issues Incentive units

As noted in the Annual Results for Vital Healthcare Property Trust (Vital) released to the NZX on 10 August 2023, Northwest Healthcare Management Properties Limited (the Manager), the manager of Vital, confirms that 6,417,684 new units in Vital were issued to it today pursuant to the incentive fee provisions in Vital’s Trust Deed.

Northwest Healthcare Properties REIT’s (Northwest REIT) aggregate relevant interest in Vital units has now increased to 28.72%.

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Aaron Hockly
Fund Manager, Vital Healthcare Property Trust
Tel 09 973 7301, Email
Michael Groth
Chief Financial Officer, NorthWest Healthcare Properties Management Limited
Tel +61 409 936 104, Email

About Vital (NZX code VHP):

Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare properties in New Zealand and Australia including private hospitals (~80% of portfolio value), out-patient facilities (~16% of portfolio value) and aged care (~4% of portfolio value).

Vital is the only specialist listed landlord of healthcare property in Australasia.

Vital is managed by Northwest Healthcare Properties Management Limited, a subsidiary of Toronto Stock Exchange listed Northwest Healthcare Properties REIT, a global owner and manager of healthcare property.

For more information, visit our website:

Issue of units for incentive fee 159kb Download