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NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES DECEMBER 2023 DISTRIBUTION
NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES DECEMBER 2023 DISTRIBUTION...
About this update from Vital Infrastructure Property Trust
[{"type":"text","content":"\n \n \n \n NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES DECEMBER 2023 DISTRIBUTION\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Dec. 15, 2023\n \n \n /CNW/ - Northwest Healthcare Properties Real Estate Investment Trust (the \"\n \n REIT\n \n \" or \"\n \n Northwest\n \n \") (TSX: NWH.UN) announced today that the Trustees of the REIT have declared a distribution of\n \n $0.03\n \n per unit for the month of\n \n December 2023\n \n , representing\n \n $0.36\n \n per unit on an annualized basis. The distribution will be payable on\n \n January 15, 2024\n \n , to unitholders of record as at\n \n December 29, 2023\n \n .\n \n \n The REIT also announced today that commencing with the\n \n December 2023\n \n distribution, Unitholders can elect to participate in the REIT's Distribution Reinvestment Plan (\"\n \n DRIP\n \n \"), which had previously been suspended on\n \n June 7, 2023\n \n . 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. Unitholders that were previously enrolled in the DRIP at the time of its suspension and remain enrolled at the time of its reinstatement will automatically resume participation in the DRIP. Complete details of the DRIP are available under the \"Investors\" section of the REIT's website located at\n \n www.nwhreit.com\n \n .\n \n \n \n About Northwest Healthcare Properties Real Estate Investment Trust\n \n \n \n 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\n \n Ontario\n \n . The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at\n \n September 30, 2023\n \n , of interests in a diversified portfolio of 229 income-producing properties and 18.2 million square feet of gross...