Vital Healthcare Property Trust FY26 AFFO climbs 23.5% to $86.9 million; net property income rises 9% to $162.2 million - XLRE News | RalliesVital Healthcare Property Trust FY26 AFFO climbs 23.5% to $86.9 million; net property income rises 9% to $162.2 million
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XLRE• FY26 performance and distributions
- Vital Healthcare Property Trust lifted FY26 AFFO 23.5% to NZD 86.9 million, with AFFO per unit up 10.5% to 11.5 cents.
- Net property income rose 9% to NZD 162.2 million; distributions were maintained at 9.75 cents per unit, implying an 84.8% AFFO payout.
Balance sheet and portfolio metrics
- Gearing narrowed to 39.6% from 42.1%; weighted average cost of debt edged up to 5.06% from 4.9%.
- Portfolio occupancy was 97.2% following 27,600 square meters of leasing; independent revaluations delivered an unrealized gain of NZD 60.1 million.
Management commentary and FY27 guidance
- Management cited a “defining year” after internalizing on Jan. 1, 2026; FY27 distribution guidance was held at 9.75 cents per unit.
