Vital Healthcare Property Trust, the country’s biggest listed medical and healthcare property investor, has signalled A$14.4 million of new developments in Newcastle, Australia, and bought land in Melbourne to beef up an existing property in the city. The property investor will spend A$13 million to build a new 42-bed ward and car park at its Maitland Private Hospital just outside …
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Vital Healthcare flags A$15.5M of Australian developments, sells NZ property
Vital Healthcare Property Trust, the country’s biggest listed medical and healthcare property investor, has signalled development plans totalling A$15.5 million in Australia, and has sold a New Zealand property as it looks to exit low-growth assets. The property investor has a A$9.5 million redevelopment plan to expand its Belmont Private Hospital in Brisbane and A$6 million upgrade of its Hurstville …
Read More »Orion Health seeks up to $150 million, but offers no forecasts
Orion Health Group, which develops software systems for patient health management, wants to raise up to $150 million in new capital in an initial public offer but says it won’t offer earnings forecast because of the “lumpy” nature of the group’s revenues and it feared misleading investors as a result. The IPO would value the firm at almost a billion dollars and …
Read More »Orion Health valued up to $915 mln in IPO, eyes late November listing
Orion Health Group, which develops software systems for patient health management, wants to raise up to $150 million in an initial public offer which would value the firm at almost a billion dollars and give public investors up to 17.4 percent of the company. The Auckland-based company plans to sell between 21.9 million and 29.1 million shares at $4.30 and …
Read More »Orion private placements provide clue for IPO price
Recent issues of Orion Health Group shares to private investors provide clues to the issue price in its upcoming initial public offer, The Auckland developer of software systems for patient health management this week confirmed it would raise between $120 million to $150 million through floating on the NZX and ASX late next month. A prospectus and investment statement are expected out …
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