Vital Healthcare Property Trust (VTHPF) Q4 2026 Earnings Call Transcript

Operator

Thank you for standing by and welcome to the Vital Healthcare Property Trust FY ’26 Full Year Results Call. [Operator Instructions] I would now like to hand the conference over to Jarrod Gill, Vital’s Head of Investor Relations. Please go ahead.

Unknown Executive

Thank you, operator. As Vital Healthcare Property Trust’s Head of Investor Relations, I welcome you all to Vital’s annual results webcast for FY ’26. On the call today and available for questions, we have Vital’s Chief Executive Officer, Chris Adams; and Chief Financial Officer, Michael Groth. I will now turn over to Chris to present Vital’s FY ’26 results.

Chris Adams
Chief Executive Officer

[Foreign Language] Thanks, Jarrod, and good morning, all. FY ’26 has been a transformational year for Vital. The defining achievement of FY ’26 was the successful transaction to internalize management. This was a milestone for the trust and creates a stronger platform for long-term value creation. We now operate with a fully aligned management structure, enhanced governance, and a remuneration framework directly linked to long-term performance. Importantly, internalization removes the external management fee structure and ensures future value created through acquisitions, development, leasing and capital management flow directly to unitholders. A key feature of internalization was also retaining the highly experienced trans-Tasman management team, preserving the specialist expertise and relationships that have underpinned the trust’s success over many years.