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Vital Healthcare Property Trust raises $150m for new development

The sale of assets early next year is also expected to raise a further $100m.

Andrew Bevin Wed, 07 Oct 2020

NZX-listed Vital Healthcare Property Trust is raising $150 million, largely through a placement, to fund development and a potential $95m acquisition.

The trust will raise $125m of the capital through a placement underwritten by Forsyth Barr and Goldman Sachs New Zealand and $25m through a unit

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Andrew Bevin Wed, 07 Oct 2020
Contact the Writer: andrew@nbr.co.nz
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Vital Healthcare Property Trust raises $150m for new development
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