From 2004 to today, NorthWest Healthcare Properties REIT ("NorthWest") has focused its real estate investment and management activities in the healthcare sector and has built a portfolio comprised of healthcare real estate that it believes is the largest private sector portfolio of such properties in Canada. Further, NorthWest has developed an experienced organization designed and dedicated to acquiring, managing, leasing and financing healthcare real estate; in management's opinion, the only such organization in Canada currently doing so on a national scale. NorthWest has strong, fully-integrated regional offices in each of its four core markets: the Greater Toronto Area, Calgary, the Greater Montreal Area, and the Halifax Regional Municipality, with each office led by a member of NorthWest's senior management team.
On March 10, 2015, NorthWest Healthcare Properties Real Estate Investment Trust (“NWH”) and NorthWest International Healthcare Properties Real Estate Investment Trust (“NWI”) agreed to combine and create a leading global diversified healthcare real estate investment trust. The combined entity will operate under the NWH name and will be the only TSX-listed real estate investment trust focused on global healthcare real estate. With a fully integrated and aligned senior management team, the REIT leverages over 200 professionals across 9 offices in 5 countries to serve as a long term real estate partner to leading healthcare operators.