NorthWest Healthcare Properties Real Estate Investment Trust announces May 2019 distribution

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TORONTO, May 15, 2019 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust NWH (the "REIT") announced today that the Trustees of the REIT have declared a distribution of $0.06667 per unit for the month of May, 2019, representing $0.80 per unit on an annualized basis. The distribution will be payable on June 17, 2019 to unitholders of record as at May 31, 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 NWH (NorthWest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. As at March 31, 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 158 income-producing properties and 11.9 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 180 professionals in 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

View original content: http://www.newswire.ca/en/releases/archive/May2019/15/c6505.html

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Posted In: DividendsPress ReleasesReal EstateBanking/Financial Services
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