Vital Infrastructure Property Trust is a Toronto-based real estate investment trust that owns and operates healthcare infrastructure across North America, Australia, Brazil, and Europe. Founded by Paul Dalla Lana in 2004 as Northwest Healthcare Properties, the company went public on the Toronto Stock Exchange in 2010 following a $187.5 million IPO. The REIT completed its name change to Vital Infrastructure Property Trust in March, 2026, reflecting a strategic shift toward a focused healthcare infrastructure platform with emphasis on the Americas. The REIT's portfolio includes income-producing properties located in major markets. The portfolio includes inpatient hospitals, medical outpatient centers, ambulatory surgery centers, diagnostic and imaging facilities, and specialized rehabilitation centers. The portfolio is characterized by long-term indexed leases with healthcare operators, health systems, and governments. Following its 2010 IPO, the company expanded internationally, entering Germany (2012), Brazil (2013), the Netherlands (2019), the United Kingdom (2020), and the United States (2022). In 2025, the REIT executed a portfolio repositioning strategy, selling non-core assets, fully exiting the United Kingdom, and monetizing its New Zealand management contract.