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NorthWest Healthcare Properties Real Estate Investment Trust - Notice of Initial Substantial Holder Acquisition of Strategic Investment in Healthscope Limited
NorthWest Healthcare Properties Real Estate Investment Trust - Notice of Initial Substanti...
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[{"type":"text","content":"\n\n\n\nNorthWest Healthcare Properties Real Estate Investment Trust - Notice of Initial Substantial Holder Acquisition of Strategic Investment in Healthscope Limited\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, May 7, 2018\n\n\n\nTORONTO, May 7, 2018 /CNW/ - NorthWest Healthcare Properties REIT (NWH) has acquired a 10% interest in Healthscope Limited ACN 144 840 639 (Healthscope) at a price of $2.39 per share by way of a derivative with Deutsche Bank AG, Sydney Branch1  (Strategic Investment).  \n\nHealthscope is one of Australia's leading private hospital operators with a portfolio of 45 hospitals concentrated in large metropolitan centers throughout Australia. \n\nAn acquisition of Healthscope's underlying hospital related real estate is of interest to NWH and Vital Healthcare Property Trust (Vital) in line with their long term strategy to invest in healthcare real estate assets in the Australasian market.  NWH and Vital currently intend to pursue any potential Healthscope real estate acquisition jointly, with scope to introduce other capital partners as appropriate.  \n\nFurther details of the Strategic Investment are available here. \n\nAbout NorthWest Healthcare Properties Real Estate Investment Trust\n\nNorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (NWH) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. NWH provides investors with access to a portfolio of high quality healthcare real estate assets comprised of interests in a diversified portfolio of 149 income-producing properties and 10.1 million square feet of gross leasable area. Its properties are located throughout major markets in Canada, Brazil, Germany, Australia and New Zealand. NWH'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, NWH leverages over 180 professionals across 9 offices in 5 countries to serve as...