New Zealand: Vital acquires Aussie private hospital and three development properties

Aaron Hockly, fund manager, Vital Healthcare Property Trust

New Zealand-based Vital Healthcare Property Trust, managed by NorthWest Healthcare Properties, has acquired a private hospital in Melbourne, Australia, alongside two development properties in Australia and another in New Zealand. It has agreed terms to acquire Epworth Camberwell for A$82.7m, a four level,147 bed private mental health and specialist rehabilitation hospital in Melbourne. At settlement,…

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