Brief: Vital Healthcare Property Trust Posts HY22 Net Property Income Of NZ$57.9 Million

Vital Healthcare Property Trust

23/02/2022 19:46

Feb 24 (Reuters) - Vital Healthcare Property Trust  VHP.NZ :
    * HY22 NET PROPERTY INCOME NZ$57.9 MILLION
    * UPGRADE FY22 AFFO GUIDANCE TO AT LEAST 11.90 NZ CENTS PER
UNIT
    * DISTRIBUTIONS PAID / PAYABLE FOR HY22 WERE 8.6% ABOVE HY21
AT
4.75 NZ CPU
    * INCREASED DISTRIBUTION GUIDANCE FOR NEXT TWO QUARTERS TO
2.4375
NZ CPU PER QUARTER
    * INCREASED PRESSURE ON PUBLIC SECTOR WAIT TIMES TO RESULT
IN
INCREASED RELIANCE ON PRIVATE SECTOR TO UNBLOCK BACK-LOGS
    * REMAINS WELL-POSITIONED TO CONTINUE TO GROW EARNINGS

Source text for Eikon:  ID:nNZW7dVwQp 
Further company coverage:  VHP.NZ 

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