October 16, 2021
Real Estate

NorthWest Healthcare Properties Real Estate Investment Trust Releases Strong Second Quarter 2021 Results Including Annual Per Unit AFFO and NAV Growth of 8% and 6%, Respectively

TORONTO, Aug. 12, 2021 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), Canada’s leading global diversified healthcare real estate investment trust, today announced its results for the three months and six months ended June 30, 2021.

Commenting on the quarter, Paul Dalla Lana, CEO of the REIT, said:

“Q2 was another strong quarter for NorthWest with NAV per unit up 6.3% on strong revaluation gains in Australia and a rebounding Brazilian Real. The REIT sees potential for further NAV growth from a combination of continued revaluation gains, the execution of the REIT’s UK value creation initiatives, growth in its global asset management platform, and a growing development pipeline.

The REIT’s UK value creation strategy took a major step forward with the acquisition of Aspen Healthcare and the planned sale of its eight operating hospitals that…

Read full article here: finance.yahoo.com