HealthCo Healthcare and Wellness REIT (ASX:HCW) and the Unlisted Healthcare Fund entered into a one-month extension to the partial rent deferral agreement with Healthscope, according to a Monday Australian bourse filing.

Under the extension, 85% of the October rent will be paid at the beginning of October, and the remaining 15% deferred rent for the period between May and October will be paid at the end of October, the filing said.

The REIT and the fund will look to enter into final lease agreements with alternative tenants for all of the 11 hospitals owned by them in case the current receiver-led Healthscope sale process does not result in one or more proposed assignees and lease arrangements that the REIT and the fund consent to.

HealthCo Healthcare will not declare a quarterly distribution for the period between July 1 and Sept. 30 to preserve balance sheet liquidity, per the filing. It expects to resume distributions "once the Healthscope situation has been resolved."

The REIT and the fund received AU$12.7 million in cash as rent from Healthscope in the first quarter of fiscal 2026.

The REIT's shares rose past 2% in recent trading on Monday.