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Vital considers Healthscope property opportunity

M&A31 January 2019VHPReal Estate

About Vital Healthcare Property Trust
Vital Healthcare Property Trust (NZX: VHP) is Australasia’s largest listed investor in healthcare real estate. Tenants include hospital

operators and healthcare practitioners who deliver a wide range of medical and healthcare related services. The Manager of Vital

Healthcare Property Trust is NorthWest Healthcare Properties Management Limited.


1 February 2019


Vital considers participation in Healthscope property opportunity

NorthWest Healthcare Properties Management Limited, as manager of Vital Healthcare Property Trust (Vital),

today announced that its related company, NorthWest Healthcare Properties Real Estate Investment Trust (TSX:

NWH.UN) (NorthWest) and its controlled entities have entered into a conditional contract to acquire 11 freehold

hospital property assets from ASX listed Healthscope Limited (Healthscope) (the Portfolio) for A$1,258 million

as part of a sale and lease back transaction (the Property Transaction). NorthWest will release its announcement

independently.


Vital is not currently a party to the Property Transaction. Vital views it as potentially an attractive opportunity and

has had significant discussions about its participation in the acquisition of the Portfolio with NorthWest. Those

discussions have not as yet resulted in any agreement. Any such participation is subject to being able to reach

agreement on commercial terms and documentation with NorthWest.


Further, any participation by Vital would be subject to compliance with its Trust Deed and the Financial Markets

Conduct Act (FMCA), including necessarily being in the best interest of unitholders and on arms’ length terms.



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ENQUIRIES

David Carr, Chief Executive Officer

NorthWest Healthcare Properties Management Limited, Telephone 09 973 7301, Email dcarr@vhpt.co.nz


Stuart Harrison, Chief Financial Officer

NorthWest Healthcare Properties Management Limited, Telephone 09 973 7302, Email sharrison@vhpt.co.nz


Jason Kepecs, Director, Investments & Investor Relations

NorthWest Healthcare Properties Management Limited, Telephone 09 973 7303, Email jkepecs@vhpt.co.nz

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