Three institutions are challenging the lucrative fees and extraordinary - but legal - rights of the manager of Vital Healthcare Property Trust. Photo by Lynn Grieveson

Jenny Ruth

Jenny Ruth is a BusinessDesk journalist who has worked for AAP, the New Zealand Herald and National Business Review.

Business

Three instos pick a fight over Vital’s fees and management

Three institutions are challenging the lucrative fees and extraordinary - but legal - rights of the manager of Vital Healthcare Property Trust.

The manager, Canada-based Northwest Healthcare Properties Management, is resisting this attempt to abridge its current sweet deal.