Full Year 2024 Healthco Healthcare and Wellness Reit Earnings Call Transcript

Aug 12, 2024 / 12:30AM GMT
Sid Sharma - HealthCo Healthcare & Wellness REIT - HMC Capital Managing Director, Real Estate

Hi. Good morning, everyone, and thank you for attending today's conference call. Before we commence today's presentation, we want to acknowledge the traditional custodians of country throughout Australia. We celebrate a diverse culture and connections to land, sea, and community. And we pay our respects to elders past, present, and emerging and extend that respect to all aboriginal and Torres Strait Islander peoples.

As many of you know, that have followed Healthco's journey since IPO, FY24 was a transformative year for the group. Clearly, we are immensely proud of the operational results that HealthCo has delivered while acknowledging the unit price performance has been underwhelming.

The operating and earnings performance through FY24 and continuing growth outlook reflects the critical infrastructure like characteristics of HealthCo assets. Ultimately, this asset class is supported by megatrends of a growing population and aging population and requirement for more investment to meet the

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