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Northwest Healthcare Properties Real Estate Investment Trust Announces Closing Of Australian Seed Portfolio Sale Into Institutional Joint Venture

by benzinga.com posted 2months ago 226 views
Northwest Healthcare Properties Real Estate Investment Trust Announces Closing of Australian Seed Portfolio Sale into Institutional Joint Venture Canada NewsWire TORONTO, Sept. 21, 2018 - TORONTO, Sept. 21, 2018 - /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH) (the "REIT" or "NorthWest") announced today that as part of its previously announced A$2.0 billion (debt and equity) Australian healthcare joint venture ("Joint Venture" or "JV"), the closing of the sale of a 70% interest in three Australian income producing properties and one development property (collectively the "Seed Portfolio") with an as-complete value of A$412 million.

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