TORONTO, November 15, 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 November 2022representing $0.80 per unit on an annualized basis. The distribution will be payable on December 15, 2022to unitholders registered on the November 30, 2022.
Unitholders may participate in the REIT’s Distribution Reinvestment Plan (“DRIP”). Eligible investors enrolled 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. Full details of the DRIP are available on the REIT’s website at www.nwhreit.com or from the unitholder’s investment advisor.
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. Like a September 30, 2022the REIT offers investors access to a portfolio of high-quality international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 233 income-generating properties and 18.6 million gross leasable area squares located in the main markets of Canada, United States, Brazil, Europe, Australia and New Zealand. The REIT’s portfolio of medical office, clinic and hospital properties is characterized by long-term indexed leases and stable occupancy rates. With a fully integrated and aligned management team, the REIT leverages more than 250 professionals across ten offices in seven countries to serve as a long-term real estate partner to leading healthcare operators.
This press release contains forward-looking statements that reflect the REIT’s current expectations regarding future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected here. The REIT disclaims any obligation to update these forward-looking statements.
THE SOURCE NorthWest Healthcare Properties Real Estate Investment Trust
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