HealthCo Healthcare & Wellness REIT (ASX: HCW) today released its half year FY25 results
HealthCo Healthcare & Wellness REIT (ASX: HCW) today released its results for the half year ended 30 December 2024 with the REIT delivering FFO/unit of 4.2 cents and DPU of 4.2 cents.
Key highlights include:
1. 100% cash rent collection and 99% occupancy maintained
2. Stable asset revaluations delivering a +0.8% increase on the Jun-24 portfolio value
3. Development project at Mount Private Hospital remains on track for completion in 2H FY25
4. Executing on $50m on-market unit buyback (35% complete)
FFO and DPU guidance of 8.4cpu based continued performance of HCW’s portfolio including the contractual obligations of Healthscope.
For additional information please refer to the H1 FY25 financial results presentation here.
Disclaimer:
Past performance should not be taken as an indicator of future performance. This general information does not take into account your investment objectives, financial situation or needs. See HealthCo Healthcare & Wellness REIT - HMC Capital for more information on HealthCo Healthcare & Wellness REIT.