TORONTO, May 13, 2022 /CNW/ - NorthWest Healthcare
Properties Real Estate Investment Trust (TSX: NWH.UN) (the "REIT")
announced today that the Trustees of the REIT have declared a
distribution of $0.06667 per unit for
the month of May 2022, representing
$0.80 per unit on an annualized
basis. The distribution will be payable on June 15, 2022, to unitholders of record as at
May 31, 2022.
Unitholders can participate in the REIT's Distribution
Reinvestment Plan ("DRIP"). Eligible investors registered in
the DRIP will have their monthly cash distributions used to
purchase Trust Units and will also receive bonus units equal to 3%
of their monthly cash distributions. Complete details of the
DRIP are available on the REIT's website at www.nwhreit.com or from
a unitholder's investment advisor.
About NorthWest Healthcare
Properties Real Estate Investment Trust
NorthWest is a global real estate investor and asset manager
focused on properties and partnerships at the intersection of
healthcare, knowledge and research. Founded in 2004 and publicly
traded since 2010, NorthWest (TSX: NWH.UN) is a real estate
investment trust that owns and operates a $10 billion portfolio of 229 high-quality
healthcare properties across Canada, the United
States, Brazil, the UK,
Germany, the Netherlands, Australia, and New
Zealand. With more than 300 professionals globally,
operating in 7 countries, NorthWest brings a global view, local
execution capabilities, and a long-term ownership strategy which
allows it to serve as a real estate partner of choice to leading
healthcare operators around the world.
This press release contains forward-looking statements which
reflect the REIT's current expectations regarding future events.
The forward-looking statements involve risks and uncertainties.
Actual results could differ materially from those projected herein.
The REIT disclaims any obligation to update these forward-looking
statements.
SOURCE NorthWest Healthcare Properties Real Estate Investment
Trust