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Vital achieves 5-Star ESG rating

Credit Rating24 October 2022VHPReal Estate

VITAL HEALTHCARE PROPERTY TRUST vhpt.co.nz
Managed by NorthWest Healthcare

Properties Management Limited

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MARKET RELEASE

25 October 2022

Vital achieves 5-Star ESG rating, ranked in top quartile (globally) for listed

healthcare

NorthWest Healthcare Properties Management Limited (NorthWest), as

manager of Vital Healthcare Property Trust (Vital), is pleased to announce

that Vital has achieved a 5-Star rating from independent standards

organisation GRESB (formerly known as the Global Real Estate

Sustainability Benchmark) among other notable achievements.

GRESB produces international benchmarks to rate the environmental, social

and governance (ESG) performance of property and infrastructure

entities with an aggregate investment value of ~US$5.3 trillion.

Vital’s GRESB results include top quartile in:

 Listed healthcare globally in "Performance” and "Developments" in this category

 Standing investments across healthcare peers globally

 "Developments" in the Oceania region for listed entities


Vital’s Fund Manager Aaron Hockly said:

"Investors are increasingly looking at entities’ ESG performance as part of their overall risk

management capability. The GRESB ratings give investors a clear and simple way to

compare entities with each other and to ensure they invest in a business that matches

their appetite for risk and their ethical preferences.

Vital’s strategy is focused on maintaining a portfolio of high-quality assets to deliver long-

term rental return and capital growth to Vital's Unit Holders. ESG considerations form a

core part of this strategy.''

Mr Hockly also said that as members of the New Zealand Green Building Council and the

Green Building Council of Australia, Vital would continue to focus on improving the green

attributes of its standing investments and continue to ensure new developments and

acquisitions incorporate green building technology.

NorthWest released its first sustainability report in 2021 and Vital's outperformance reflects

the group-wide commitment from NorthWest to enhance ESG across its managed

platforms including Vital.



VITAL HEALTHCARE PROPERTY TRUST vhpt.co.nz

Managed by NorthWest Healthcare

Properties Management Limited



First "Green Star Communities" registered health precinct

NorthWest is also pleased to announce that Vital’s Macarthur Health Precinct in

Campbelltown, NSW has been registered with GBCA’s Green Star Communities v1.1 tool

and is targeting a 5 Star Green Star Communities rating. The Precinct is the first health

precinct in Australia to have registered with Green Star Communities.

First "6-star Green Star" registered Medical Office Building in South Australia

Last week, Vital and NorthWest Healthcare Properties Australia were proud to mark the

commencement of construction of Stage 2 of the ~A$165 million Playford Health Hub in

Adelaide, South Australia.


Stage 2 of the three-stage healthcare precinct will be a A$51 million state-of -the-art

Specialist Medical Centre. The development will be South Australia’s first 6-star Green Star

registered Medical Office Building, and when complete will be powered by 100%

renewable energy.

– ENDS –

ENQUIRIES

Aaron Hockly

Fund Manager, Vital Healthcare Property Trust

Tel 09 973 7301, Email aaron.hockly@nwhreit.com

Michael Groth

Chief Financial Officer, NorthWest Healthcare Properties Management Limited

Tel +61 409 936 104, Email michael.groth@nwhreit.com

About Vital Healthcare (NZX code VHP):

Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare

properties in New Zealand and Australia including private hospitals (~80% of portfolio

value), out-patient facilities (~16% of portfolio value) and aged care (~4% of portfolio

value). Vital is the only specialist listed landlord of healthcare property in Australasia and

currently has a portfolio valued at more than $3.3 billion*.

Vital Healthcare is managed by NorthWest Healthcare Properties Management Limited, a

subsidiary of Toronto Stock Exchange listed NorthWest Healthcare Properties REIT, a global

owner and manager of healthcare property.

For more information, visit our website: www.vhpt.co.nz

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* All figures are as at 30 June 2022

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.