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Northwest Healthcare Properties Real Estate Investment Trust Announces November 2020 Distribution
Northwest Healthcare Properties Real Estate Investment Trust Announces November 2020 Dist...
About this update from Vital Infrastructure Property Trust
[{"type":"text","content":"\n \n \n \n Northwest Healthcare Properties Real Estate Investment Trust Announces November 2020 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 TORONTO, Nov. 16, 2020\n \n \n \n \n \n TORONTO\n \n ,\n \n Nov. 16, 2020\n \n /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\n \n $0.06667\n \n per unit for the month of\n \n November 2020\n \n , representing\n \n $0.80\n \n per unit on an annualized basis. The distribution will be payable on\n \n December 15, 2020\n \n , to unitholders of record as at\n \n November 30, 2020\n \n .\n \n \n On\n \n November 12, 2020\n \n , the REIT announced the reinstatement of the REIT's Unitholders  Distribution  Reinvestment  Plan  (\"DRIP\"), which had previously been suspended on\n \n March 24, 2020\n \n . Unitholders can once again participate in the 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\n \n www.nwhp.ca\n \n or from a unitholder's investment advisor.\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) 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 190 income-producing properties and 15.4 million square feet of gross leasable area loca...