Share
- Release Date: 23/02/12 13:29
- Summary: GENERAL: VHP: Australian healthcare property index launched
- Price Sensitive: No
- Download Document 2.79KB
VHP
23/02/2012 11:29
GENERAL
REL: 1129 HRS Vital Healthcare Property Trust
GENERAL: VHP: Australian healthcare property index launched
Australian healthcare property index confirms defensive nature of asset class
As a result of medical and healthcare real estate becoming larger and more
prominent as a specialised asset class, Investment Property Databank (IPD)
Australia launched the IPD Australian Healthcare Index ("Index") on 21
February.
The Australian assets of Vital Healthcare Property Trust ("Vital") are
included in the Index. The Index provides a robust approach to the investment
profile of Australian healthcare property assets, which include hospital and
specialist medical assets. The Index currently has five participants with a
pool of 49 assets valued at just under A$1b.
David Carr, Chief Executive of the manager of Vital welcomed this new index
as an independent measure of the performance and characteristics of the
healthcare property sector.
"The inaugural Index launch shows that over a five year time series,
annualised healthcare returns have a greater defensive total return profile
when measured against other core property asset classes, and the highest risk
adjusted return. This again reflects the defensive characteristics and nature
of healthcare property assets, sector demographics, activities and underlying
trends that support the industry," he said.
"While the index is a valuable financial and performance analysis tool, it
will also be a very helpful marketing tool in our continued education of the
wider market about the differentiated aspects of the healthcare asset class
and its defensive qualities."
- ENDS-
Note: The IPD presentation on the Index is attached to this release.
Enquiries
David Carr
Chief Executive
Vital Healthcare Management Ltd
Telephone: 09 357 1818
Email: [email protected]
Vital Healthcare Property Trust
With a portfolio value of over NZ$550m, Vital Healthcare Property Trust
(NZSX: VHP) is New Zealand's largest listed entity investing in medical and
healthcare properties in Australasia. With an expert understanding of the
needs of healthcare tenants on both sides of the Tasman, we actively select,
develop and manage quality properties to meet the growing demand for medical
and healthcare services. Our 124 tenants, in 25 properties, provide essential
healthcare services to thousands of patients while also undertaking research
and providing support services that will make a difference to many more lives
in the future.
The Manager of Vital Healthcare Property Trust, Vital Healthcare Management
Limited is owned by NorthWest Value Partners Inc., a private real estate
investment firm based in Canada with a healthcare real estate interests in
Canada, Australia, New Zealand, Brazil and Germany.
End CA:00219923 For:VHP Type:GENERAL Time:2012-02-23 11:29:02
