Vital Infrastructure Property Trust - Calgary, AB
1011 Glenmore Trl SW Suite 210 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 March 31, 2026, the REIT holds $6.1 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 Q1 2026, the portfolio maintained 96.4% occupancy with a weighted average lease expiry of 12.1 years. The REIT has pursued capital recycling through strategic asset sales, including a 33-property European portfolio sale to TPG Real Estate announced in February 2026 for approximately $145 million in net proceeds. Recent North American investments include a $51.3 million Ottawa transitional-care facility acquisition in March 2026 and a development partnership with Royal Victoria Regional Health Centre in Barrie, Ontario.
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