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 02:25
YuppTV, a global leader in internet-based TV and on-demand South Asian content, today announced that it has successfully achieved the acquisition of digital streaming rights for the highly anticipated 17th edition of the TATA IPL 2024. The most...

at 02:00
IBS Software, a leading SaaS solutions provider to the global travel industry has again been certified a Great Place To Work® in 7 countries. The company received recognition in India for the second year running and has been awarded in six further...

at 02:00
Google Cloud and Back Market, a global marketplace for verified refurbished technology, today announced an agreement which will involve Back Market using Google Cloud's infrastructure to support its...

at 01:53
Locobuzz, India's leading unified customer experience (CX) management platform, today announces its expansion into the Middle East through a strategic partnership with Al-Mulla Media, a prominent digital transformation company in the region. This...

at 01:52
Nature's Miracle Holding Inc. (the "Company" or "Nature's Miracle") Chairman and Chief Executive Officer James Li just recently rang the closing bell at the Nasdaq Stock Market studio in Times Square, New York City. The ceremony signifies the...

at 01:30
The Chinese economy has shifted toward a stage of high-quality development and is currently at a critical period of transforming its economic development model, optimizing its economic structure, and changing its growth momentum. As the world's...



News published on and distributed by: