VITAL IS THE FOURTH LARGEST LISTED PROPERTY VEHICLE AND THE ONLY SPECIALIST HEALTHCARE LANDLORD ON THE NZX
AUSTRALIA
4
2
$1.7bn
30* properties (AUS)
*Excludes strategic assets Figures have been rounded
$2.36bn
42* properties (A/NZ)
7
NEW ZEALAND
12
5$652m 12
TASMANIA 12* Properties (NZ)
Vital Healthcare Property Trust (Vital) is:
the owner of a $2.36 billion healthcare property portfolio in New Zealand (28% of assets) and Australia (72%);
the only NZX-listed specialist healthcare landlord (NZX ticker: VHP) with no ASX- listed equivalent;
externally managed by a subsidiary of Toronto-listed, global healthcare real estate owner and manager, NorthWest Healthcare Properties REIT (TSX ticker: NWH);
the fourth-largestNZX-listed property vehicle; and
targeting 2-3% AFFO and DPU growth per annum over the medium term, whilst retaining a conservative pay-out ratio
VITAL INVESTS IN HEALTHCARE ECOSYSTEMS IN NEW ZEALAND & AUSTRALIA
Earnings growth
Portfolio designed to support AFFO target growth of 2-3%/unit per annum
Quality
Continuously improve portfolio quality
Aiming to maintain or improve (lower) average building age
Location
Australia or New Zealand
Focus on metropolitan assets with growing populations
Portfolio Allocation*
Hospitals
Aged Care
Actual: 83%
Actual: 6%
Target: 50%-70%
Target: 10%-20%
VITAL
Outpatient Facilities
Life Sciences /
Research
Actual: 11%
Actual: 0%
Target: 10%-20%
Target 5%-10%
Acuity
Higher acuity
Investments in core health ecosystem
Regulated and precinct offerings preferred
Investment characteristics
Screened by a range of metrics including IRRs, impact on overall portfolio, earnings growth and management capability
Focus on high quality, well capitalised operators
Sub-Sector
Reduction in hospital allocation indicates an expectation that future growth opportunities are more likely to come from the other sub- sectors, rather than a desire to reduce exposure.
Vital Healthcare Property Trust published this content on 01 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2021 07:49:04 UTC.
Vital Healthcare Property Trust (the Trust) is an investment fund, which invests in healthcare properties in New Zealand and Australia. The Trust owns a large and diversified portfolio of healthcare assets including many of the private hospitals, aged care facilities and out-patient buildings in Australia and New Zealand. The Trust tenants include hospital operators and healthcare providers, which deliver a range of services across the full spectrum of health services. Its portfolio of 45 properties is located in Australia and New Zealand. Its portfolio has over 125 tenants and over 2,800 beds. Its Australia portfolio include 120 Thames Street, Abbotsford Private Hospital, Baycrest Aged Care, Belmont Private Hospital, Clover Lea Aged Care, Clover Lea Aged Care and others. Its New Zealand portfolio include 61-71 Park Road, 68 Saint Asaph Street, Ascot Central and others. The Trust is externally managed by Northwest Healthcare Properties Management Limited.
VITAL HEALTHCARE PROPERTY TRUST 
