Vital Healthcare Property Trust Annual Results

Vital Healthcare Property Trust Annual Results

Vital Healthcare Property Trust today announced a 2015 full year net profit after tax of $96.5m (+158%). Vital also confirmed it will pay investors a full year cash distribution per unit of 8.0 cents for the year and increased its 2016 cash distribution guidance to 8.1 cents per unit.

Financial and performance highlights
• Gross rental income of $60.8m, up $1.4m
• Operating profit before interest and tax of $48.5m
• Net distributable income of $36.3m, up 4.6%
• Occupancy remains strong at 99.4%, with a 5 year average above 99%
• Resolved Allamanda lease expiry and established a partnership with a leading global hospital operator, Ramsay Health Care.

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ENDS

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