New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Vital Healthcare Property Trust / Equity Bottom-Up

<ul><li>VHP reported a solid FY23 result underpinned by acquisitions, development completions and CPI linked rent growth.</li><li>Higher than expected tax was the key variation to our forecasts.</li><li>While FY24 DPS guidance was slightly disappointing it is a minimum, and the timing and value of asset sales could provide upside. </li></ul>

VHP reported a solid FY23 result underpinned by acquisitions, development completions and CPI linked rent growth.Higher than expected tax was the key variation to our forecasts.While FY24 DPS guidance was slightly disappointing it is a minimum, and the timing and value of asset sales could provide upside. 

Vital Healthcare - FY23 Result — Busy Developing