N
orthwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) is pleased to announce the appointment of Zachary Vaughan as Chief Executive Officer, effective July 2, 2025. Mr. Vaughan brings a wealth of experience in real estate, having held significant roles at Brookfield, CPP Investment Board, and International Property Corporation/Reichmann International.
As an accomplished executive with international expertise, Mr. Vaughan has consistently demonstrated his ability to shape strategy, drive growth, and deliver substantial financial results. He will relocate full-time to Toronto following a transition period from his current role as Head of Real Estate at Arrow Global, where he remains a Non-Executive Director.
"I am honored to join Northwest, a leader in healthcare infrastructure," said Mr. Vaughan. "We have a tremendous opportunity with our property portfolio and capabilities to deliver meaningful value to our investors."
Mr. Vaughan succeeds Craig Mitchell, who will retire on July 1, 2025. Bobby Julien, non-executive Chair of the REIT, commented, "We sincerely thank Craig for his contributions and the solid foundation he has built, and we are thrilled to welcome Zach, whose proven leadership and expertise will guide Northwest into an exciting new chapter."
Northwest provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure, comprising 169 income-producing properties and 15.8 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe, and Australasia.
The REIT's medical outpatient buildings, clinics, and hospitals are characterized by long-term indexed leases and stable occupancies. Northwest leverages its global workforce to serve as a long-term real estate partner to leading healthcare operators.
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