About

Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare related properties in New Zealand and Australia. Our tenants are hospital and healthcare operators who provide a wide range of medical and health services.

Our properties provide specialised facilities that healthcare professionals need to deliver high quality patient care. With a core focus on healthcare real estate, we understand and accommodate the needs of our healthcare tenants. It’s a niche market and with an ageing population across both countries, it’s also one that’s growing.

The only NZSX-listed healthcare property fund

Ours is the only healthcare property investment fund listed on the NZX. It is structured as (and subject to the rules governing) a Unit Trust. 

Experienced healthcare property managers

NorthWest Healthcare Properties Management Limited manages the Trust and is owned by NorthWest Healthcare Properties REIT (TSX: NWH.UN), a leading global healthcare real estate investment trust based in Toronto, Canada, with extensive experience in healthcare property investment.

Acquiring, developing and managing healthcare facilities

Our properties are diversified and have historically included ownership of surgical and medical facilities, primary healthcare and health support facilities and aged care facilities. The portfolio is currently weighted (82% by value) towards acute surgical, rehabilitation and psychiatric hospitals. The healthcare services delivered across these hospitals are extremely diverse. The drivers of healthcare real estate including a growing and ageing population support our core investments in hospitals and they also bolster other real estate assets tied to healthcare, including aged care facilities, life sciences laboratories, medical-office and supporting distribution facilities. We will consider appropriate opportunities to grow our scale, diversify our tenant base and improve our leading portfolio metrics through further appropriate acquisition and investment decisions. 

A focused approach to healthcare property investment

The principal objectives of the Trust are to:

  • Acquire or design, build, manage and enhance properties associated with the provision of healthcare services
  • Build the Trust's capital base and increase property values through rental growth and sound asset management
  • Deliver sustainable returns to investors, consistent with the objective of the stable, long-term development of the property portfolio
  • Provide investors with access to scale through a diversified healthcare real estate investment portfolio
  • Provide tenants with modern environments for their patients and staff
  • Maintain a structured, low-risk capital and treasury management policy 
  • Focus primarily on the Australian and New Zealand markets

Vital at a glance

Unit Price

as at

Wale

18.1 yrs
as at 30 June 2019

Investment Properties

$1.84bn
as at 30 June 2019