TORONTO, Feb. 3, 2014 /CNW/ - NorthWest International Healthcare
Properties REIT (the "REIT") announced today the appointment of Dr. C.
David Naylor to the Board of Trustees, serving as an independent
Dr. C. David Naylor is president emeritus and professor of medicine at
the University of Toronto ("U of T"). He previously served as
president (2005-13) and dean of medicine (1999-2005) at U of T.
Co-author of over 300 scholarly publications, Dr. Naylor was also
founding CEO of the Institute for Clinical Evaluative Sciences
(1991-99) and founding director of clinical epidemiology at Sunnybrook
Health Sciences Centre (1990-96). He has extensive hospital and
academic governance experience, and his counsel on healthcare strategy
and policy has been sought by governments, associations and companies
across Canada and abroad over the course of more than 25 years. Dr.
Naylor is an Officer of the Order of Canada, a Fellow of the Royal
Society of Canada and the Canadian Academy of Health Sciences, and a
Foreign Associate of the U.S. Institute of Medicine.
"I am very excited to have David join the Board of the REIT. David
brings a lifetime of knowledge and experience in the fields of
healthcare and medicine; the very backbone of our niche global real
estate investments. Further, David's outstanding reputation as a leader
in education and public policy will only further enhance the governance
of our Board," said Paul Dalla Lana, Chief Executive Officer of the
The appointment of Dr. Naylor is subject to TSX-V approval.
About NorthWest International Healthcare Properties Real Estate
The REIT is an unincorporated, open-ended real estate investment trust
established under the laws of the Province of Ontario. The REIT's
objectives are to: (i) provide its unitholders with stable and growing
cash distributions from investments focused on international healthcare
properties, on a tax efficient basis; (ii) enhance the value of the
REIT's assets and maximize long-term unit value; and (iii) expand the
asset base of the REIT.
This news release contains "forward-looking statements" within the
meaning of applicable securities laws. These forward-looking statements
are subject to a number of risks and uncertainties that could cause
actual results or events to differ materially from current
expectations, including the regulatory approval of the senior
management changes. The statements in this news release are made as of
the date of this release. Although the REIT believes that the
assumptions inherent in the forward-looking statements are reasonable,
forward-looking statements are not guarantees of future performance
and, accordingly, readers are cautioned not to place undue reliance on
such statements due to the inherent uncertainty therein. A discussion
of the risk factors applicable to the REIT is contained under the
heading "Risk Factors" in the REIT's annual information form dated
March 11, 2013 and audited consolidated financial statements and
management's discussion and analysis for the year ended December 31,
2012, a copy of which may be obtained on the SEDAR website at www.sedar.com.
Neither the TSX Venture Exchange Inc. nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) has approved or disapproved the contents of this press
SOURCE: NorthWest International Healthcare Properties REIT
For further information:
Paul Dalla Lana, CEO, (416) 366-8300 x1001