Thursday 26th November 2020
|Text too small?|
NorthWest Healthcare Properties Management Limited (the Manager), as manager of Vital Healthcare Property Trust (Vital), is pleased to announce that it has agreed terms for the sale of the following assets:
1. Mayo Private Hospital, Taree, NSW;
2. Dubbo Private Hospital, Dubbo, NSW; and
3. North West Private Hospital, Burnie, Tas.
The aggregate sale price is a 14.7% premium to the aggregate 30 June 2020 book value of NZ$87.4m (excludes selling costs and foreign exchange impacts).
All three sales are expected to settle by the end of the 2020 calendar year (subject to the purchaser receiving FIRB approval).
The proceeds will be used to fund the acquisition of Grace Hospital, a premium, metropolitan hospital in New Zealand.
See the link below for more details:
No comments yet
Chatham Rock Phosphate Limited (NZX: CRP) Chatham Successfully Completes Private Placement
Turners Automotive Group Limited (NZX: TRA) Upgrades FY21 Earnings Guidance
Blackwell Global Holdings Limited (NZX: BGI) Restructure of Business Operations
Vista Group International Limited (NZX: VGL) Vista Group appoints James Miller as Independent Director
Rakon Limited (NZX: RAK) Update of FY2021 Earnings Guidance
The a2 Milk Company Limited (NZX: ATM) Organisational Announcement
Reserve Bank of New Zealand Committed to Action as It Responds to Data Breach
MHM Automation Limited (NZX: MHM) Settlement of New Plymouth Building Sale
Napier Port Holdings Limited (NZX: NPH) First Quarter 2021 Trade Volumes
New Zealand Oil & Gas Limited (NZX: NZO) Mahato PSC Update - Oil Production