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NorthWest Healthcare Properties Real Estate Investment Trust Announces February 2020 Distribution
NorthWest Healthcare Properties Real Estate Investment Trust Announces February 2020 Distr...
About this update from Vital Infrastructure Property Trust
[{"type":"text","content":"\n\n\n\nNorthWest Healthcare Properties Real Estate Investment Trust Announces February 2020 Distribution\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\nCanada NewsWire\nTORONTO, Feb. 13, 2020\n\n\n\nTORONTO, Feb. 13, 2020 /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 February 2020, representing $0.80 per unit on an annualized basis. The distribution will be payable on March 16, 2020, to unitholders of record as at February 28, 2020.\nUnitholders 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.\nAbout NorthWest Healthcare Properties Real Estate Investment Trust\nNorthWest 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 of interests in a diversified portfolio of 174 income-producing properties and 14 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.\nThis press release contains forward-looking statements which reflect the REIT's current expectations rega...