It has been expanding and diversifying its portfolio since it raised $160 million in a rights issue last year.
The Auckland-based property investor bought the 59-bed site called The Hills Clinic.
It's betting demand for its properties will grow with an ageing population and increased demand for healthcare.
Vital acquires Acurity's Wakefield and Bowen private hospitals in Wellington in this partnership.
The latest acquisitions add to two medical office buildings in Sydney and Melbourne purchased for $A55 million.
Vital Healthcare, Sky TV rise.
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