Vital Healthcare Property Trust, managed by NorthWest Healthcare, has announced the acquisition of The Tennyson Centre in Adelaide and an equity capital raise of around NZ$140m (US$97.1m). The capital raise takes the form of a NZ$115m underwritten placement and a NZ$25m Unit Purchase Plan (UPP). Net proceeds will go towards its acquisition and development pipeline….
Home Healthcare Markets International Property New Zealand: Vital announces acquisition and capital raising