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Generation Healthcare REIT (GHC.AX)

GHC.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Generation Healthcare says on track to deliver FY17 operating income guidance
Tuesday, 9 May 2017 09:11pm EDT 

May 10 (Reuters) - Generation Healthcare Reit ::GHC remains on track to deliver its FY17 underlying net operating income guidance of 10.24 CPU.  Full Article

Generation responsible entity unanimously recommends Northwest's increased cash offer of $2.30 per unit
Thursday, 4 May 2017 09:00pm EDT 

May 4 (Reuters) - Northwest Healthcare Properties Reit :Generation responsible entity unanimously recommends Northwest's unconditional and final cash offer of a $2.30 per generation unit.Increased all-cash offer represents a 49.4% premium to generation's 31 December 2016 net tangible assets.Northwest Australia reached an agreement with APN funds management for all outstanding units it does not already own in generation.Northwest Australia reached agreement with APN funds management to increase offer price in generation from A$2.24 to A$2.30.Board of generation responsible entity has agreed to unanimously recommend that generation unitholders accept offer.  Full Article

Generation Healthcare REIT updates on proposal from NorthWest Australia
Thursday, 4 May 2017 08:53pm EDT 

May 5 (Reuters) - Generation Healthcare REIT ::APN Funds Management, responsible entity of Generation Healthcare REIT, reached agreement with NWH Australia Asset Co.Agreement to increase offer price from A$2.24 to A$2.30 per Generation unit by NWH Australia.APNFM board unanimously recommends unitholders accept offer, in absence of a superior proposal.  Full Article

Generation Healthcare REIT says received takeover offer by Northwest Healthcare Properties REIT
Sunday, 23 Apr 2017 09:49pm EDT 

April 24 (Reuters) - Generation Healthcare Reit :Says received takeover offer by Northwest Healthcare Properties REIT for all units in co.Board to assess value of offer; initial review suggests offer appears to undervalue co.  Full Article

Generation Healthcare Reit says Northwest makes unconditional takeover offer for Generation Healthcare Reit
Sunday, 23 Apr 2017 09:32pm EDT 

April 24 (Reuters) - Generation Healthcare Reit :Northwest unconditional takeover offer for Generation.announces an all-cash, unconditional, off-market takeover offer for all outstanding units it does not already own in Generation Healthcare Reit.cash consideration payable under offer of $2.24 per generation unit.  Full Article

NWH Australia Asset Trust proposes takeover offer for Generation Healthcare REIT
Sunday, 23 Apr 2017 08:06pm EDT 

April 24 (Reuters) - NWH Australia Asset Trust: :Northwest unconditional takeover offer for Generation.Announces takeover offer for units it does not already own in Generation Healthcare REIT.Cash consideration payable under offer of $2.24 per generation unit.  Full Article

Generation Healthcare Reit updates on outlook
Tuesday, 15 Nov 2016 05:33pm EST 

Generation Healthcare Reit : "reiterate our previously announced earnings and distribution guidance for financial year ended june 2017" . Expect a 2017 financial year underlying net operating income per unit of 10.21 cents . Currently forecast underlying net operating income of 10.21 cents per unit for fy17 .Expect fy17 distribution per unit of 8.973 cents, an 88% payout ratio..  Full Article

Northwest Healthcare Properties acquires strategic interest in Generation Healthcare
Monday, 27 Jun 2016 07:30am EDT 

Northwest Healthcare Properties Reit : Northwest Healthcare Properties REIT announces acquisition of strategic interest and management rights to ASX-listed Generation Healthcare REIT . Northwest Healthcare Properties REIT says has acquired 100 pct of Generation Healthcare Management Pty Limited . Funded through existing resources and new stock loan financing, transaction is expected to be accretive . Has option to acquire shares in GHC which would bring Northwest's interest in GHC to approximately 19.9 pct . Has purchased GHM for A$58.5 mln from APN property group limited . Northwest Healthcare Properties REIT says transaction will increase co's adjusted NOI generated from hospitals to 42 pct . Says existing GHM management team has been retained, and will continue to operate GHC independently . APN has agreed to provide certain services to Northwest for transition period of up to 2 years to ensure successful transition . Says also entered into an option to purchase up to 27.1 mln units of GHC at price of $2.20 per GHC share .Says Northwest would own an approximate 19.9 pct interest in GHC.  Full Article

Generation Healthcare REIT declares dividend
Thursday, 18 Jun 2015 05:30pm EDT 

Generation Healthcare REIT:Announces dividend declaration of A$0.04380000 per share.Payable on Aug. 31, 2015.Ex dividend date June 26, 2015.Record date is june 30, 2015.  Full Article

More From Around the Web

Canada's NorthWest offers to buy rest of Generation Healthcare

Canada's NorthWest Healthcare Properties REIT on Monday offered to buy the rest of Australia's Generation Healthcare REIT that it does not already own, valuing the company at about A$491 million ($371 million).