NorthWest Healthcare Properties Real Estate Investment Trust Announces January 2022 Distribution
TORONTO, January 14, 2022 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) today announced that the trustees of the REIT have declared a distribution of $0.06667 per unit for the month of January 2022, represent $0.80 per unit on an annual basis. The distribution is payable on February 15, 2022, to registered shareholders as of January 31, 2022.
Shareholders may 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. Full details of the DRIP are available on the REIT’s website at www.nwhreit.com or from a shareholder’s investment adviser.
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 incorporated under the laws of the Province ontario. The REIT offers investors access to a portfolio of quality international healthcare real estate infrastructure consisting of interests in a diversified portfolio of 192 high-yield properties and 16.2 million square feet of GLA located in all major markets in Canada, Brazil, Europe, Australia and New Zealand. The REIT’s portfolio of medical practices, clinics and hospitals is characterized by long-term indexed leases and stable occupancy rates. With a fully integrated and aligned senior management team, the REIT employs over 250 professionals across nine offices in five countries to serve as a long-term real estate partner for leading healthcare companies.
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 Healthcare Properties Real Estate Investment Trust
For more information: Paul Dalla Lana, CEO at (416) 366-8300 x 1001