Le Lézard
Classified in: Business
Subject: DIV

NorthWest Healthcare Properties Real Estate Investment Trust Announces September 2019 Distribution


TORONTO, Sept. 16, 2019 /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 September, 2019, representing $0.80 per unit on an annualized basis. The distribution will be payable on October 15, 2019 to unitholders of record as at September 30, 2019.

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 June 30, 2019 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 169 income-producing properties and 13.8 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 200 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 Healthcare Properties Real Estate Investment Trust


These press releases may also interest you

at 14:02
Yesterday, the U.S Federal Trade Commission filed a lawsuit against doxo, a company working to deliver a better bill-paying experience for consumers and billers, with a complaint that indicates a fundamental misunderstanding of the existing bill-pay...

at 14:00
Transaction in Own Shares 26 April, 2024 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Shell plc (the ?Company') announces that on 26 April 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according...

at 14:00
Brothers and owners of Framingham-based Jack's Abby Craft Lagers - Jack, Eric and Sam Hendler, have agreed to purchase Worcester-based brewery and local mainstay, Wormtown Brewery. The acquisition firmly establishes the company as one of the nation's...

at 13:53
Zions Bancorporation, N.A. announced today that its board of directors ("board") declared a regular quarterly dividend of $0.41 per common share, payable May 23, 2024, to shareholders of record at the close of business on May 16, 2024....

at 13:41
Chestnut Park at Cleveland Circle, a Benchmark assisted living and Mind & Memory Care community, has ranked among the best assisted living with memory care communities in Massachusetts and the entire U.S. In U.S. News & World Report's third annual...

at 13:40
Cabot Park Village, a Benchmark senior independent living community, has ranked among the best senior living communities in Massachusetts and the entire U.S. In U.S. News & World Report's third annual Best Senior Living ratings published last week,...



News published on and distributed by: