Internalisation Update – IRD Binding Ruling

Vital Healthcare Property Trust (Vital) is pleased to announce that it has received a binding ruling from Inland Revenue confirming that the $214m internalisation payment is fully deductible for income tax purposes.

This outcome is consistent with the assumptions underlying Vital’s internalisation announcement of 10 November 2025.

As a result of the ruling, Vital currently expects that distributions for at least the next three years will be excluded income to investors, reflecting the trust’s tax position following internalisation.

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ENQUIRIES

Chris Adams
Chief Executive Officer,
Vital Healthcare Properties Management Limited
Tel +61 408 665 332, Email chris.adams@vhpt.co.nz

Michael Groth
Chief Financial Officer,
Vital Healthcare Properties Management Limited
Tel +61 409 936 104, Email michael.groth@vhpt.co.nz