HCW.ASX: Healthscope Update

Healthscope Update

Stock	Healthco Healthcare and Wellness REIT (HCW.ASX)
Release Time	30 May 2025, 8:17 a.m.
Price Sensitive	Yes

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Healthscope Update: Short-term partial rent deferral

Key Points

Rent arrears for March/April 2025 and 85% of May 2025 rent to be paid immediately
85% of rent due for June-August 2025 to be received
Remaining 15% deferred rent for May-August 2025 due in September 2025

Full Summary

HealthCo Healthcare & Wellness REIT (ASX: HCW) and the Unlisted Healthcare Fund (UHF) have entered into a short-term partial rent deferral agreement with Healthscope and its Receivers. Under this agreement, all outstanding rent arrears for March and April 2025 and 85% of rent for May 2025 will be paid immediately. HCW and UHF (Landlords) will receive 85% of the rent due for the period June-August 2025, with the remaining 15% deferred rent for the May-August 2025 period due in September 2025. This agreement supports the continuity of essential services at each of the 11 private hospitals owned by the Landlords. The Landlords have commenced discussions with Healthscope and its Receivers regarding the Healthscope sale process and have also received formal expressions of interest from alternative Australian hospital operators to re-tenant all 11 facilities.

Outlook

The Landlords have commenced discussions with Healthscope and its Receivers regarding the Healthscope sale process and have also received formal expressions of interest from alternative Australian hospital operators to re-tenant all 11 facilities.