Vital Infrastructure Property Trust - Calgary, AB
1011 Glenmore Trl SW Suite 211 Calgary, AB T2V 4R6 (403) 282-9838
Vital Infrastructure Property Trust is a Toronto-based healthcare infrastructure REIT that owns and manages a global portfolio of medical real estate assets. Established on January 1, 2010, the company trades on the Toronto Stock Exchange under ticker symbol VITL.UN. Formerly operating as Northwest Healthcare Properties REIT, the company completed its name change to Vital Infrastructure in March 2026. As of June 30, 2026, the REIT holds $5.6 billion in assets under management.
The REIT's investment focus centers on healthcare facilities across the full care continuum, including core infrastructure hospitals, specialty hospitals, outpatient and ambulatory care centers, multi-tenant medical outpatient buildings, rehabilitation centers and research facilities. The portfolio is geographically diversified across six countries: Canada, the United States, Brazil, Germany, Australia, and the Netherlands, with properties located in core urban markets. The company's tenant base consists primarily of hospital operators and healthcare practitioners, many of whom benefit from direct or indirect government funding.
Vital Infrastructure's strategy emphasizes long-term leases with inflation-linked escalations and stable occupancies. As of Q2 2026, the portfolio maintained 96.4% occupancy with a weighted average lease expiry of 13.1 years. The REIT completed its strategic capital recycling initiative through the sale of a 33-property European portfolio to TPG Real Estate in Q2 2026, generating approximately $145 million in net proceeds. Following quarter end, the company expanded its North American footprint with the $126.7 million acquisition of the East New York Health Hub in Brooklyn, New York, and entered an agreement to acquire a medical outpatient facility in Burlington, Ontario for $26.2 million.
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