Canada NewsWire
TORONTO , Feb. 15, 2024 /CNW/ - Northwest Healthcare Properties Real Estate Investment Trust (the " REIT " or " Northwest ") (TSX: NWH.UN) a leading international owner and operator of healthcare real estate infrastructure in Europe , the Americas and Australasia, announced today that the Trustees of the REIT have declared a distribution of $0.03 per unit for the month of February 2024 , representing $0.36 per unit on an annualized basis. The distribution will be payable on March 15, 2024 , to unitholders of record as at February 29, 2024 .
About Northwest Healthcare Properties Real Estate Investment TrustNorthwest 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 . The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at September 30, 2023 , of interests in a diversified portfolio of 229 income-producing properties and 18.2 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 300 employees in ten offices in eight 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 events 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
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