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orthwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN), a leading owner and operator of healthcare real estate infrastructure in North America, Brazil, Europe, and Australasia, has announced a distribution of $0.03 per unit for November 2024. This represents an annualized rate of $0.36 per unit. The payment will be made on December 13, 2024, to unitholders recorded as of November 29, 2024.
The REIT offers a distribution reinvestment plan (DRIP) that allows eligible unitholders to reinvest their cash distributions and receive bonus units equal to 3% of their payments. Details about the DRIP are available on Northwest's website at https://www.nwhreit.com/investors/unitholders/distributions-reinvestment-plan.
As a global healthcare real estate leader, Northwest provides investors with access to a diversified portfolio of 185 income-producing properties and 16.1 million square feet of gross leasable area across major markets in North America, Brazil, Europe, and Australasia. The REIT's portfolio is 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. For more information, please visit www.nwhreit.com.
Contact: Craig Mitchell, CEO, (416) 366-2000 Ext. 2202 or [email protected]
