— 01/13/2023 —
Northwest Healthcare Properties REIT
180 Dundas Street West, Suite 1100, Toronto, ON M5G 1Z8 nwhreit.com
NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES JANUARY 2023 DISTRIBUTION
TORONTO, JANUARY 13, 2023 – 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 January 2023, representing $0.80 per unit on an annualized basis. The distribution will be payable on February 15, 2023, to unitholders of record as at January 31, 2023.
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.nwhreit.com or froma 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, 2022, 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 233 income-producing properties and 18.6 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 250 professionals in ten offices in seven countries to serve as a long-term real estate partner to leading healthcare operators.
For further information, please contact Paul Dalla Lana, CEO at (416) 366-8300 x 1001.
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.