Quantcast
Last updated on April 19, 2014 at 1:20 EDT

NorthWest International Healthcare Properties REIT announces monthly distribution

April 19, 2013

TSX-V: MOB.UN

TORONTO, April 19, 2013 /CNW/ – NorthWest International Healthcare
Properties REIT (the “REIT”) announced today that it has declared a
distribution of $0.013334 per trust unit (TSX-V: MOB.UN) for the month
of April 2013. The distribution will be paid on May 15, 2013 to
unitholders of record as at April 30, 2013.

Eligible unitholders that elect to participate in the REIT”s
distribution reinvestment plan (the “DRIP”) will have their cash
distributions used to purchase units of the REIT and will also receive
a “bonus distribution” of units equal in value to 3% of each
distribution. Unitholders wishing to participate should contact their
investment advisors to enroll in the DRIP.

On April 15, 2013, 10,955 trust units were issued pursuant to the DRIP,
none of which were issued to trustees or officers of the REIT.

The REIT is an unincorporated, open-ended real estate investment trust
established under the laws of the Province of Ontario. The REIT’s
objectives are to: (i) provide its unitholders with stable and growing
cash distributions from investments focused on international healthcare
properties, on a tax efficient basis; (ii) enhance the value of the
REIT’s assets and maximize long-term unit value; and (iii) expand the
asset base of the REIT.

Reader Advisory

This news release contains “forward-looking statements” within the
meaning of applicable securities laws. These forward-looking statements
are subject to a number of risks and uncertainties that could cause
actual results or events to differ materially from current
expectations, including the ability of the REIT to pay the distribution
on the date specified. The statements in this news release are made as
of the date of this release. Although the REIT believes that the
assumptions inherent in the forward-looking statements are reasonable,
forward-looking statements are not guarantees of future performance
and, accordingly, readers are cautioned not to place undue reliance on
such statements due to the inherent uncertainty therein. A discussion
of the risk factors applicable to the REIT is contained under the
heading “Risk Factors” in the REIT’s annual information form dated
March 11, 2013, a copy of which may be obtained on the SEDAR website at
www.sedar.com.

Neither the TSX Venture Exchange Inc. nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) has approved or disapproved the contents of this press
release.

 

SOURCE NorthWest International Healthcare Properties REIT


Source: PR Newswire