TORONTO, April 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 April 2024, representing
$0.36 per unit on an annualized
basis. The distribution will be payable on May 15, 2024, to unitholders of record as at
April 30, 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 December 31, 2023, of interests in a diversified
portfolio of 219 income-producing properties and 17.7 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. Northwest leverages its global workforce in
eight countries to serve as a long-term real estate partner to
leading healthcare operators. For additional information please
visit: www.nwhreit.com.
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 REIT