HealthCo Healthcare and Wellness REIT Shares Gain After Healthscope Pays Rent

MT Newswires Live

Apr 02

HealthCo Healthcare and Wellness REIT (ASX:HCW) shares gained nearly 3% in recent Thursday trading after the company said late Wednesday that private hospital operator Healthscope has cleared all of its rent dues to the company through April.

HealthCo Healthcare also said alternative private hospital operators have submitted proposals for the takeover of 28 hospitals operated by Healthscope.

The commercial terms associated with 11 hospitals owned by HealthCo Healthcare and the Unlisted Healthcare Fund are consistent with previous disclosures, the company said.

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