Brief: Vital Healthcare Property Trust Says FY24 Distribution Guidance Of At Least 9.75 NZ CPU

Vital Healthcare Property Trust

10/08/2023 02:29

Aug 10 (Reuters) - Vital Healthcare Property Trust
 VHP.NZ :
    * FY24 DISTRIBUTION GUIDANCE OF AT LEAST 9.75 NZ CPU HAS
BEEN
PROVIDED
    * HAS A$180M OF DEBT HEADROOM WHICH WILL FUND ITS
DEVELOPMENT
PIPELINE
    * NET PROPERTY INCOME GROWTH IN FY23 WAS A HEALTHY 18.1%
    * GROWTH IN ADJUSTED FUNDS FROM OPERATIONS OF 8.1% IN FY23
    * WORK UNDERTAKEN DURING FY23 IS EXPECTED TO FURTHER ENHANCE
THE
QUALITY AND FUTURE EARNINGS OF THE PROPERTY PORTFOLIO
    * FY23 DPU 9.75 NZ CENTS

Further company coverage:  VHP.NZ 

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