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<WIRE> Healthco Healthcare and Wellness REIT (ASX:HCW) Announces FY23 DPU of 7.6 AU Cents



Healthco Healthcare and Wellness REIT (ASX:HCW) posted a distribution per unit (DPU) of 7.6 AU cents for fiscal year 23.

Additionally, the company has issued its fiscal year 24 funds from operations (FFO) guidance at 8.0 AU CPU, and has predicted a DPU of 8.0 AU cents for the same period.

The REIT has identified additional assets for sale, which in due course, are expected to bring the company’s balance sheet gearing within the target range of 30-40 percent.

Healthco Healthcare and Wellness REIT is a real estate investment trust that owns, operates, and invests in healthcare and wellness properties.

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