Mr. Craig Mitchell reports
NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES NOVEMBER 2024 DISTRIBUTION
Northwest Healthcare Properties Real Estate Investment Trust's trustees have declared a distribution of three cents per unit for the month of November, 2024, representing 36 cents per unit on an annualized basis. The distribution will be payable on Dec. 13, 2024, to unitholders of record as at Nov. 29, 2024.
Northwest offers a distribution reinvestment plan (DRIP). On each distribution date, eligible unitholders registered in the DRIP will have their cash distributions reinvested to purchase trust units and will also receive bonus trust units equal to 3 per cent of their cash distributions. Complete details of the DRIP are available on the REIT's website.
About Northwest Healthcare Properties Real Estate Investment Trust
Northwest provides investors with access to a portfolio of high-quality international health care real estate infrastructure consisting, as at Nov. 14, 2024, of interests in a diversified portfolio of 185 income-producing properties and 16.1 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe and Australasia. The REIT's portfolio of medical office buildings, clinics and hospitals is characterized by long-term indexed leases and stable occupancies. Northwest leverages its global work force in eight countries to serve as a long-term real estate partner to leading health care operators.
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