Healthco Healthcare and Wellness REIT FY26 Results Investor Presentation
Key points
- Strong portfolio performance with 100% rent collection and 99% occupancy
- Significant liquidity with $158m cash and undrawn debt
- Guidance to recommence distributions in FY27
- Alternative operator arrangements for Healthscope hospitals
- Diversified portfolio across healthcare subsectors
Full summary
Healthco Healthcare and Wellness REIT presented its FY26 results, highlighting a strong portfolio performance with 100% rent collection and 99% occupancy. The company maintained a solid balance sheet with significant liquidity, holding $158 million in cash and undrawn debt. The portfolio valuation stood at $1.34 billion, reflecting a 3% decline from December 2025. The company did not declare distributions in FY26, preserving balance sheet flexibility while progressing the Healthscope situation. The portfolio is diversified across healthcare subsectors, including hospitals, primary and specialty care, government and life sciences, and aged care. The company is well-positioned to recommence distributions in FY27, subject to the resolution of the Healthscope situation.
Guidance
FY27 DPU guidance of 6.0 cents, subject to Healthscope situation resolution
Outlook
Healthco Healthcare and Wellness REIT is well-positioned for sustainable earnings and distribution growth, with a strong balance sheet providing flexibility to pursue capital recycling opportunities and strategic initiatives.
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