TORONTO, March 12, 2014 /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 March, 2014, representing $0.80 per unit on an
annualized basis. The distribution will be payable on April 15, 2014
to unitholders of record as at March 31, 2014.
For the year ended December 31, 2013, the REIT has determined that 100%
of the distributions paid are deemed return of capital and thus tax
About NorthWest Healthcare Properties Real Estate Investment Trust
NorthWest Healthcare Properties Real Estate Investment Trust is an
unincorporated, open-ended real estate investment trust established
under the laws of the Province of Ontario. The REIT holds a portfolio
of 78 income-producing properties, with a focus on medical office
buildings and healthcare real estate, comprising approximately 4.7
million square feet of gross leasable area located in British Columbia,
Alberta, Manitoba, Ontario, Québec, Nova Scotia and New Brunswick.
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:
Ernie Spraggs, CFO, (416) 601-3221, NorthWest Healthcare Properties REIT, www.nwhp.ca