Corrected: BUZZ-Australia's HealthCo Healthcare and Wellness REIT gains on upbeat HY results

Healthco Healthcare and Wellness Reit

14/02/2025 01:33

(Corrects fourth bullet to say guidance is for FY, not HY)
    ** Shares of HealthCo Healthcare and Wellness REIT  HCW.AX 
rise as much as 3.6% to A$1.015 earlier in the day, their
highest level since January 31
    ** Stock currently up 1%
    ** Healthcare property investment co announces HY funds from
operations of 4.2 Australian cents per share, up 5% from last
year
    ** Co also reaffirms previous FFO/unit guidance of 8.4
Australian cents for FY
    ** Stock down 2.9% YTD, including current session's moves 

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))