$85m property revaluation gain anticipated for 2H FY22

VITAL HEALTHCARE PROPERTY TRUST
Managed by NorthWest Healthcare
Properties Management Limited


vhpt.co.nz

MARKET RELEASE
Managed by NorthWest Healthcare
Pr operties Management Ltd
19 July 2022

$85m property revaluation gain anticipated for 2H FY22

NorthWest Healthcare Properties Management Limited (the Manager), as manager of
Vital Healthcare Property Trust (Vital), expects Vital to record a property revaluation gain
of ~$85m for the six months ended 30 June 2022, with ~42% of the portfolio by value
independently valued. This preliminary draft revaluation gain represents a 3% increase
since 31 December 2021.

This is in addition to the $153.2m recorded for the six months ended 31 December 2021;
equating to a full year gain of ~$238m, a gain of ~9% since 30 June 2021.
The indicative revaluation gain referred to above is subject to audit and will be
confirmed when Vital's full year results are released on 11 August 2022.
– ENDS –
ENQUIRIES
Aaron Hockly
Fund Manager, Vital Healthcare Property Trust

Tel 09 973 7301, Email aaron.hockly@nwhreit.com
Michael Groth
Chief Financial Officer, NorthWest Healthcare Properties Management Limited
Tel +61 409 936 104, Email michael.groth@nwhreit.com


About Vital (NZX code VHP):

Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare
properties in New Zealand and Australia including private hospitals (~80% of portfolio
value), out-patient facilities (~16% of portfolio value) and aged care (~4% of portfolio
value).


Vital is the only specialist listed landlord of healthcare property in Australasia and
currently has a portfolio valued at over $3.3 billion.

Vital is managed by NorthWest Healthcare Properties Management Limited, a subsidiary
of Toronto Stock Exchange listed NorthWest Healthcare Properties REIT, a global owner
and manager of healthcare property.

For more information, visit our website: www.vhpt.co.nz