TORONTO, Nov. 19, 2018 /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, 2018, representing $0.80 per unit on an annualized basis. The
distribution will be payable on December 14,
2018 to unitholders of record as at November 30, 2018.
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.nwhp.ca or from a
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. As at
September 30, 2018 the REIT provides
investors with access to a portfolio of high quality international
healthcare real estate infrastructure comprised of interests in a
diversified portfolio of 153 income-producing properties and 10.8
million square feet of gross leasable area located throughout major
markets in Canada, 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 180 professionals across
nine offices in five 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 results could differ materially from those projected herein.
The REIT disclaims any obligation to update these forward-looking
statements.
SOURCE NorthWest International Healthcare Properties REIT