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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Property
3 mins to read

Vital Healthcare Property posts big loss on back of revaluations

But an 8% increase in cash earnings is a better measure of performance, the specialist healthcare landlord says.

Vital Healthcare Property has a $3.4b portfolio including Ascot Central.

Maria Slade Thu, 10 Aug 2023

Specialist healthcare landlord Vital Healthcare Property Trust has reported a $152.4 million loss for the year to June, on the back of a large revaluation of its property portfolio.

However, a better indicator of performance is its adjusted funds from operations (AFFO), which rose over 8% to $73.3m

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Contact the Writer: maria@nbr.co.nz
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Vital Healthcare Property posts big loss on back of revaluations
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