VHP 3.48% $2.23 vital healthcare property trust ordinary units

Ann: GENERAL: VHP: Vital Healthcare Management Limited update on parent

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    • Release Date: 30/01/15 10:01
    • Summary: GENERAL: VHP: Vital Healthcare Management Limited update on parent
    • Price Sensitive: No
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    					VHP
    30/01/2015 10:01
    GENERAL
    NOT PRICE SENSITIVE
    REL: 1001 HRS Vital Healthcare Property Trust
    
    GENERAL: VHP: Vital Healthcare Management Limited update on parent
    
    Vital Healthcare Management Limited update on parent company ownership
    transfer.
    
    Vital Healthcare Management Limited ('the Manager'), the manager of Vital
    Healthcare Property Trust ('Vital') has been advised by its parent company
    NorthWest Value Partners Inc. ('NWVP'), that NWVP has on 28 January 2015
    transferred its 100% ownership of the Manager to its affiliate NorthWest
    International Healthcare Properties Real Estate Investment Trust ('the
    REIT'), as part of an internal restructure effective 1 January 2015.
    
    The REIT is listed on the Canadian TSX Venture Exchange (TSXV:MOB.UN) and is
    an unincorporated, openended real estate investment trust established under
    the laws of the Province of Ontario.
    
    There is no change in the governance or management arrangements of the
    Manager, of Vital or in the ownership of Vital.
    
    - ENDS -
    
    ENQUIRIES
    
    David Carr, Chief Executive Officer
    Vital Healthcare Management Ltd, Telephone 09 973 7301, Email
    [email protected]
    
    Stuart Harrison, Chief Financial Officer
    Vital Healthcare Management Ltd, Telephone 09 973 7302, Email
    [email protected]
    
    About Vital Healthcare Property Trust
    With a portfolio value of over NZ$650m, Vital Healthcare Property Trust
    (NZSX: VHP) is Australasia's largest listed investor in healthcare real
    estate. Tenants include hospital operators and healthcare practitioners who
    deliver a wide range of medical and healthcare related services. Vital
    currently has a portfolio of 25 properties with 74% by value located in
    Australia and the balance in New Zealand. Vital aims to deliver a low-risk,
    medium-return investment profile for unitholders. The Manager of Vital
    Healthcare Property Trust is Vital Healthcare Management Limited.
    vitalhealthcareproperty.co.nz
    End CA:00260166 For:VHP    Type:GENERAL    Time:2015-01-30 10:01:58
    				
 
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