Vital Healthcare Property Trust · NZX:VHP
Vital Healthcare Property Trust — Shareholder Meeting (November 2021)
24 slides from Vital Healthcare Property Trust's shareholder meeting presentation, Nov 24, 2021
Slide 1: Annual Meeting
Annual Meeting 24 NOVEMBER 2021
Slide 2: Questions
Questions AS KI N G QUES TION S WRITTEN QUESTIONS Questions may be submitted ahead of the meeting. If you have a question to submit during the live meeting, please select the Q&A tab on the right half of your screen at anytime. Type your question into the field and press submit. Your question will b
Slide 3: Voting
Voting UN I THOLD E R AN D PROXYHO L D E R VOTI N G Once the voting has been opened, the resolutions and voting options will allow voting. To vote, simply click on the Vote tab, select your voting direction from the options shown on the screen. You can vote for all resolutions at once or by each res
Slide 4: Meeting Agenda
Meeting Agenda ▸ Introduction Presented by: ▸ Address of the Chair of the Manager Graham Stuart Aaron Hockly ▸ Address of the Fund Manager Independent Chair Fund Manager ▸ Annual Financial Statements ▸ Questions ▸ Re-election of Andrew Evans ▸ General Business ▸ Closing Remarks 4 VITAL HEALTHCARE PR
Slide 5: Board of the Manager
Board of the Manager VI TAL’S M AN AG ER HAS A M AJ ORI TY OF I N DEPEN D E N T DI REC TOR S Graham Stuart Paul Dalla Lana Andrew Evans Craig Mitchell Dr. Michael Stanford — — — — — Independent Chair Director Independent Director Director Independent Director 5 VITAL HEALTHCARE PROPERTY TRUST | ANNU
Slide 6: In Attendance
In Attendance VI RTUAL LY MANAGEMENT TEAM SUPERVISOR, AUDIT & LEGAL Aaron Hockly Justine Wealleans Fund Manager – Vital Trustees Executers Limited Michael Groth Evan Kennerley Chief Financial Officer Trustees Executers Limited Chris Adams Silvio Bruinsma Executive Director, Projects Deloitte Alex Be
Slide 7: Address of the Independent Chair of the Manager
Address of the Independent Chair of the Manager Graham Stuart Independent Chair
Slide 8: Comparative Returns
Comparative Returns VI TAL HAS C ON TI N UED TO OUTPE RF O R M ON A TOTAL RETU RN ( 1 ) BAS I S ▸ Outperformance against both the S&P/NZX All Real Estate Index and S&P/NZX 50 Index consistently since inception of Vital vs S&P/NZX Real Estate Index the Index in December 2004 ▸ 2.6% outperformance ver
Slide 9: Key Achievements Over the Last 12 Months
Key Achievements Over the Last 12 Months G OVERN AN C E AN D OTHER IN ITI ATI VE S BEN EF I T UN I THOLD E R S ▸ Ongoing Board renewal process underway. ▸ $142.8m of new equity capital raised primarily Management represented by Craig Mitchell on from existing unitholders the Board. ▸ Governance poli
Slide 10: Address of the Fund Manager
Address of the Fund Manager Aaron Hockly Fund Manager - Vital
Slide 11: Operational Highlights
Operational Highlights S I G N I F IC AN T AC HI EVEM EN TS IN F Y21 AN D S UBS EQUEN T LY Financial Portfolio Acquisitions and Developments ▸ 10.4% increase in AFFO per unit (FY21) ▸ >99% of rent collected for FY21 and Q1 ▸ $286m of acquisitions completed in FY21, ▸ FY22 AFFO guidance of at least 1
Slide 12: Property Portfolio
Property Portfolio PORTF OLIO REM AI N S DIVERS I F I E D, LOW RI S K AN D HI G H- QUALI TY AT 31 OC TOBER 2021 $2.7bn Key Metrics Portfolio value 5 5 8.0% 99.0% 4 NPI growth FY21 occupancy 4 (excluding FX) 3 2 13 13 74% 6 6 26% 12 12 Australia New Zealand 18.0 year 4.86% WALE weighted average cap r
Slide 13: 5-year Portfolio Strategy
5-year Portfolio Strategy C ON TI N UED DEPLOYM EN T OF 5- YEAR S TRATEG Y AC QUI S I TI ON OF THE TEN N YS ON C EN TRE AC QUI S I TI ON OF HUTT VALLEY HEALTH HUB ▸ The Tennyson Centre is one of Adelaide’s leading ‘Cancer Centres of Excellence’, a high- ▸ Hutt Valley Health Hub is a purpose-built se
Slide 14: New Zealand Hospital Developments
New Zealand Hospital Developments WI TH EVOLUTI ON HEALT HC A R E AN D S OUTHE RN C ROS S ~$74m New and extended brownfield developments ~$74m of new and extended brownfield developments were approved across five of Evolution Healthcare’s facilities in New Zealand: WAKEF I E L D HOS PI TAL ▸ Grace H
Slide 15: Delivering Value for Unitholders
Delivering Value for Unitholders DEVELO PM EN TS PROVI DE EARN I N G S AN D VALUATI ON G ROWTH PLAYFORD HEALTH HUB S TAG E 3 Private Hospital with S TAG E 2 S TAG E 1 Specialist Medical Car park and Vital’s development of Playford Health Hub in Adelaide has airbridge to public hospital Centre retail
Slide 16: Activating Sustainably within Precincts
Activating Sustainably within Precincts PREC I N C T S TRATEG Y ALI G N ED WI TH S US TAI N BI LI TY S TRATEG Y PLAYF ORD HEALT H HUB The Playford Health Hub will be an engaging community space that links people to a healthy, vibrant and active life through a culture of wellness and connection to na
Slide 17: Balance Sheet Strengthened
Balance Sheet Strengthened N EW DEBT AN D EQUI TY RAI S ED OVER LAS T 12 M ON THS Debt facility extension and expansion Equity raising ▸ Tranches totalling A$175m secured on 7 year ▸ Successful completion of $115m Placement, fully terms, including the introduction of a new financier underwritten at
Slide 18: Annual Financial Statements
Annual Financial Statements Grace Hospital Tauranga, NZ
Slide 19: Questions
Questions AS KI N G QUES TION S WRITTEN QUESTIONS Questions may be submitted ahead of the meeting. If you have a question to submit during the live meeting, please select the Q&A tab on the right half of your screen at anytime. Type your question into the field and press submit. Your question will b
Slide 20: Re-election of Andrew Evans
Re-election of Andrew Evans Andrew Evans Independent Director
Slide 21: Voting
Voting RES OLUT I ON 1 – THAT AN DREW EVAN S BE RE- ELEC T E D AS AN I N DEPEN D EN T DI REC TOR OF N ORTHWES T HEALTHC A R E PROPE R T I ES M AN AG EM EN T LI M I TED, THE M AN AG ER OF VI TAL HEALTHC A R E PROPE R T Y TRUS T Once the voting has been opened, the resolutions and % of Units % of Tota
Slide 22: General Business
General Business
Slide 23: Closing Remarks
Closing Remarks THANK YOU FOR ATTENDING TODAY’S ANNUAL MEETING Ascot Hospital Auckland, NZ
Slide 24: Disclaimer
Disclaimer This presentation has been prepared by NorthWest Healthcare Properties Management Limited (the "Manager") as manager of the Vital Healthcare Property Trust (the "Trust"). The details in this presentation provide general information only. It is not intended as investment , legal, tax or fi
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