Vital Healthcare Property traded at 1.97 this Tuesday February 3rd, decreasing 0.01 or 0.25 percent since the previous trading session. Looking back, over the last four weeks, Vital Healthcare Property lost 2.24 percent. Over the last 12 months, its price rose by 5.36 percent. Looking ahead, we forecast Vital Healthcare Property to be priced at 1.94 by the end of this quarter and at 1.83 in one year, according to Trading Economics global macro models projections and analysts expectations.
Vital Healthcare Property Trust is a New Zealand-based unit trust. The Trust's principal activity is the investment in high quality health sector related properties. The Trust operates in both Australia and New Zealand. Its tenants are hospital and healthcare operators, providing a range of medical and health services and carry out vital research. The principal objectives of the Trust are to acquire or design, build, manage and enhance properties associated with the provision of healthcare services; build the Trust's capital base; maximize the return to investors, consistent with the objective of the stable, long-term development of the property portfolio; provide investors with access to scale properties in a diversified portfolio across healthcare sectors; maintain a structured, low-risk capital and treasury management policy, and focus on the New Zealand and Australian markets. The Trust is managed by Vital Healthcare Management Limited.