Vital Healthcare Property posts big loss on back of revaluations
But an 8% increase in cash earnings is a better measure of performance, the specialist healthcare landlord says.
Vital Healthcare Property has a $3.4b portfolio including Ascot Central.
Specialist healthcare landlord Vital Healthcare Property Trust has reported a $152.4 million loss for the year to June, on the back of a large revaluation of its property portfolio.
However, a better indicator of performance is its adjusted funds from operations (AFFO), which rose over 8% to $73.3m
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