TORONTO, Feb. 15,
2024 /CNW/ - Northwest Healthcare Properties Real
Estate Investment Trust (the "REIT" or "Northwest")
(TSX: NWH.UN) a leading international owner and operator of
healthcare real estate infrastructure in Europe, the Americas and Australasia,
announced today that the Trustees of the REIT have declared a
distribution of $0.03 per unit for
the month of February 2024,
representing $0.36 per unit on an
annualized basis. The distribution will be payable on March 15, 2024, to unitholders of record as at
February 29, 2024.
About Northwest Healthcare
Properties Real Estate Investment Trust
Northwest Healthcare Properties Real Estate Investment Trust
(TSX: NWH.UN) (Northwest) is an unincorporated, open-ended real
estate investment trust established under the laws of the Province
of Ontario. The REIT provides
investors with access to a portfolio of high-quality international
healthcare real estate infrastructure comprised as at September 30, 2023, of interests in a diversified
portfolio of 229 income-producing properties and 18.2 million
square feet of gross leasable area located throughout major markets
in Canada, the United States, Brazil, Europe, Australia, and New
Zealand. The REIT's portfolio of medical office buildings,
clinics, and hospitals is characterized by long-term indexed leases
and stable occupancies. With a fully integrated and aligned senior
management team, the REIT leverages over 300 employees in ten
offices in eight countries to serve as a long-term real estate
partner to leading healthcare operators.
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 events 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