Queries over Vital’s management sale
Questions are being raised about the $14 million management-contract sale of NZX-listed Australasian medical landlord Vital Healthcare Property Trust.
Vital, with real estate valued at $517.5 million, owns 14 properties but has a market capitalisation of just $329 million, with units trading at $1.14.
Current management-contract owner OnePath (NZ) is proposing to internalise the contract by selling it to Read more [...]