• Healthscope has paid 100% of rent due to HealthCo REIT and Unlisted Healthcare Fund
• Alternative private hospital operators have submitted proposals for orderly transition of operations
• Proposals offer holistic solution to ensure continuity of service and maintain jobs

HealthCo Healthcare and Wellness REIT (HCW) has announced that Healthscope has paid 100% of all rent due across all hospitals owned by HCW and the Unlisted Healthcare Fund (UHF) up to and including April 2026. Additionally, alternative private hospital operators have submitted proposals to the Receiver that will provide for an orderly transition of operations to the alternative operators at all 28 hospitals currently operated by Healthscope. The Proposals offer a holistic solution that will ensure continuity of service across all the hospitals, with the portfolio being tenanted by well-capitalised operators with strong operational track records, and maintaining jobs for nurses and hospital staff. The Proposals include a transition plan for all the hospitals which will provide transaction certainty and an expedient transfer of operations to the alternative operators. The commercial terms associated with the 11 hospitals owned by HCW and UHF are consistent with HCW's previous disclosure. The Landlords have not received any formal proposal, proposed commercial terms or requests for assignment of the existing Leases in respect of the 'PurposeCo' model.