David Di Pilla's HCW fund surges on partially deferring Healthscope rental payments
ReutersMay 30, 2025 12:49 AM
Shares of Australia's Healthco Healthcare Wellness REIT HCW.AX rise 17% to A$0.965
Stock hits its highest since March 3 and is set for its biggest single-day gain on record
HCW says it has agreed to partial rent deferments on 11 Healthscope hospitals
HCW, a satellite fund run by David Di Pilla's HMC Capital HMC.AX says it would defer 15% of the rent due to Healthscope for May-August period until September
HCW adds it has received expressions of interest from alternative hospital operators to re-tenant the facilities
HMC stock up 0.8%
HCW down 7.6% YTD
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