7 Aug 2012

Vital Healthcare considers acquisition opportunities

8:00 am on 7 August 2012

The medical property manager Vital Healthcare Property Trust says it is looking at acquisition opportunities on both sides of the Tasman.

The company says it will continue with its existing strategy of maintaining low-risk, medium-return investments and focussing on healthcare real estate.

Chief executive David Carr says about 70% of the company's portfolio is based in Australia, with the rest in New Zealand, and the opportunities they are looking at would continue that ratio.

Mr Carr says returns from development projects under way at the moment, as well as other opportunities, have the trust well positioned for the future.