TORONTO, Nov. 2, 2011 /CNW/ - NorthWest Value Partners Inc.
("NorthWest") announces that, since 19 October 2011, it has acquired
28.1 million units in the New Zealand Stock Exchange listed Vital
Healthcare Property Trust (VHP-NZSX), representing approximately 10% of
its outstanding units.
NorthWest acquired the units for investment purposes only and may,
depending on market and other conditions acquire or dispose of further
units from time to time.
About NorthWest Value Partners Inc. ("NorthWest")
NorthWest Value Partners is a private real estate investment firm based
in Toronto, Canada. Since 1994, NorthWest has established an
exceptional track record of successfully acquiring, developing,
operating and building value in real estate across Canada.
NorthWest is privately funded and has a broad investment mandate.
NorthWest's most recent successes have involved the consolidation of
the healthcare real estate market in Canada and the formation of the
TSX-listed NorthWest Healthcare Properties REIT (NWH.UN). In 2011,
NorthWest launched its International healthcare real estate initiative
to leverage both its expertise and success in the sector, with an
initial focus on select markets including, Australia/New Zealand,
Brazil, and Germany.
About Vital Healthcare Property Trust
Vital Healthcare Property Trust (the Trust) is an NZSX-listed investment
fund that invests in high-quality, health and medical-related
properties. The Trust was established to provide investors with an
opportunity to invest in quality properties exclusively in the medical
and health sector in New Zealand and Australia.
SOURCE NorthWest Value Partners Inc.
For further information:
Paul Dalla Lana
NorthWest Value Partners Inc.
1 (416) 366-8300