TORONTO, Feb. 9, 2017 /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, 2017, representing $0.80 per unit on an annualized basis. The distribution will be payable on March 15, 2017 to unitholders of record as at February 28, 2017.
Separately, the REIT announced that it will issue its fourth quarter 2016 financial results for the three months and year ending December 31, 2016 on Thursday, March 2, 2017.
A conference call will be held on Friday, March 3, 2017 at 10:00 am (EDT). Participating on the call will be members of the REIT's senior management team.
Investors are invited to access the call by dialing (647) 427-7450 or toll-free 1 (888) 231-8191, conference ID# 70117492. A recording of this call will be made available Friday, March 3, 2017 beginning at 12:45 pm (ET) through to Friday, March 10, 2017. To access the recording, please call 1 (855) 859-2056 or (416) 849-0833 and use the reservation number 70117492.
About NorthWest Healthcare Properties Real Estate Investment Trust
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 138 income-producing properties and 9.2 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Germany, 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 across 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
For further information: Paul Dalla Lana, CEO, (416) 366-8300 x 1001