Brief: Healthco Healthcare And Wellness REIT Announces Healthscope Portfolio Acquisition

Healthco Healthcare and Wellness Reit

29/03/2023 22:03

March 30 (Reuters) - Healthco Healthcare and Wellness
Reit  HCW.AX :
    * HEALTHSCOPE PORTFOLIO ACQUISITION AND EQUITY RAISING
    * ENTERED INTO ARRANGEMENTS ALONGSIDE A NEWLY ESTABLISHED
UNLISTED
FUND
    * ACQUISITION FOR A$1.2BN
    * FY23 DPU GUIDANCE UPGRADED FROM 7.5 AU CPU TO 7.6 AU CPU
    * HCW ACQUISITION WILL BE FUNDED THROUGH AN UNDERWRITTEN
A$320M
EQUITY RAISING
    * HCW EXPECTED TO BE ELIGIBLE FOR FUTURE S&P/ASX300 INDEX
INCLUSION
    * TO UNDERTAKE MINIMUM OF A$125M OF ASSET SALES, SEES TO BE
CONTRACTED FOR SALE BY TIME OF SETTLEMENT OF DEAL

Source text for Eikon:  ID:nASX65GgbR 
Further company coverage:  HCW.AX 

 ((Reuters.Briefs@thomsonreuters.com;))