New Zealand: Vital takes strategic initiatives to enhance returns following property revaluation loss

Vital Healthcare Property Trust, an NZX-listed healthcare property investor, is taking strategic initiatives following its announcement that it expects to record a property revaluation loss of around NZ$65m (US$41m) for the six months ended December 31, 2022. Strategic initiatives to enhance its portfolio are consistent with its previously announced strategies around precincts, asset weightings and…