Northwest Healthcare Properties REIT (NWH.UN)

Overview

Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN), commonly known as Northwest, is a premier unincorporated, open-ended real estate investment trust (REIT) that was founded under the robust legal framework of the Province of Ontario. The core of Northwest's operations revolves around providing investors with unparalleled access to a high-quality, international healthcare real estate infrastructure. As of September 30, 2023, Northwest boasts a highly diversified portfolio that includes 229 income-producing properties spanned across major markets in Canada, the United States, Brazil, Europe, Australia, and New Zealand, encompassing a whopping 18.2 million square feet of gross leasable area. This expansive portfolio is strategically composed of medical office buildings, clinics, and hospitals, each characterized by long-term indexed leases and stabilized occupancies, making them prime investments. Northwest distinguished itself in the industry with a fully integrated and aligned senior management team, leveraging the expertise of over 300 professional staff distributed across ten offices in eight countries, with the dedicated mission of serving as a long-term real estate partner to leading healthcare operators globally.

Products and Services

• International Healthcare Real Estate Infrastructure

This core offering involves providing investors with access to a portfolio of high-quality healthcare real estate assets across major global markets. The infrastructure comprises medical office buildings, clinics, and hospitals, which are essential for the delivery of healthcare services. The focus is on properties with long-term indexed leases and stable tenancies, ensuring a consistent and reliable income stream for investors. Additionally, the diversity of the portfolio across different regions and healthcare facility types allows for a robust investment that is less susceptible to regional market volatilities.

• Real Estate Partnership Services

Northwest prides itself on being more than just a REIT; it positions itself as a long-term real estate partner to leading healthcare operators. By leveraging its extensive network of professionals and offices in eight countries, Northwest delivers exceptional partnership services. This includes asset management, property management, and possibly even co-investment opportunities, all tailored to meet the evolving needs of healthcare operators. Through such partnerships, Northwest helps ensure that healthcare providers can focus on delivering quality care, knowing their real estate needs are expertly managed.