N
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 the declaration of a distribution of $0.03 per unit for October 2024. This represents an annualized rate of $0.36 per unit.
The distribution will be payable on November 15, 2024, to unitholders of record as at October 31, 2024. Eligible unitholders can participate in the REIT's distribution reinvestment plan (DRIP), which allows them to reinvest their cash distributions and receive bonus units equal to 3% of their cash distributions.
Northwest offers a diverse portfolio of high-quality international healthcare real estate infrastructure, comprising 186 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.
For more information, please visit www.nwhreit.com. Contact Craig Mitchell (CEO), Stephanie Karamarkovic (CFO), or Alyssa Barry (Investor Relations) at (416) 366-2000 Ext. 2202 or [email protected].
