Investor Presentaiton
Case Study: Vital Healthcare Property Trust (NZX:VHP)(1)
Northwest owns a ~28% interest in the only specialist healthcare
landlord on the NZX and retains 100% of the management rights.
NT
12%
~$0.8bn
4%
15
8%
PROPERTIES
W
><
(NZ)
A
SA
22%
NSW
27%
Royston Hospital, New Zealand
VIC
NZ
~$1.9bn
23%
23 PROPERTIES
(AUS)
4%
Vital's tenants include the largest three private
hospital operators in New Zealand and six of the
top ten private hospital operators in Australia.
Vital has Assets Under Management of C$2.7 Billion
◉
Weighted Average Lease Expiry (WALE): 16.9 years (2)
■ 38 property portfolio.
■ 15 properties in New Zealand.
■ 23 Properties in Australia.
▪ Northwest earns management fees, activity-based fees and
incentive fees from managing Vital Trust.
Notes: (1) values converted to C$. (2) consistent with Northwest application.
Source: Vital Healthcare Property Trust.
☑northwest
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