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HealthCo REIT Faces Steeper Losses Amid Strategic Asset Recycling
7:30am on Friday 14th of February, 2025 AEDT
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Healthcare
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HealthCo REIT Faces Steeper Losses Amid Strategic Asset Recycling
7:30am on Friday 14th of February, 2025 AEDT
Key Points
Losses surged 208% to $15.4 million for the half-year ended December 2024
Revenue declined 30% to $28.7 million amid portfolio downsizing
Funds from operations (FFO) increased slightly to $23.5 million
Asset recycling program reduced properties from 25 to 20
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Healthco Healthcare and Wellness REIT (ASX:HCW)
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