TORONTO, Nov. 30, 2020 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT“) (TSX: NWH.UN) announced that, on November 27, 2020, it filed and obtained a receipt for a final base shelf prospectus (the “Shelf Prospectus“). The Shelf Prospectus was filed with the securities regulatory authorities in each of the provinces and territories of Canada. The REIT has filed the Shelf Prospectus to maintain financial flexibility and to have the ability to offer the securities on an accelerated basis pursuant to the filing of prospectus supplements. There is no certainty any securities will be offered or sold under the Shelf Prospectus.
The Shelf Prospectus is valid for a 25-month period, during which time the REIT may offer and issue, from time to time, trust units, debt securities, warrants and subscription receipts, or any combination thereof, having an aggregate offering price of up to C$1,000,000,000. Each offering under the Shelf Prospectus will require the filing of a prospectus supplement that will include the specific terms of the securities being offered at that time.
This news release does not constitute an offer to sell or the solicitation of an offer to buy in the United States and the securities referred to in this news release may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933 or pursuant to an applicable exemption from the registration requirements under the U.S. Securities Act of 1933 and applicable state securities laws.
About NorthWest Healthcare Properties Real Estate Investment Trust
NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest“) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT provides investors with access to a portfolio of high quality international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 190 income-producing properties and 15.4 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Europe, Australia and New Zealand. The REIT’s portfolio of medical office buildings, clinics, and hospitals is characterized by long term indexed leases and stable occupancies. With a fully integrated and aligned senior management team, the REIT leverages over 230 professionals across nine offices in seven countries to serve as a long term real estate partner to leading healthcare operators.
SOURCE NorthWest Healthcare Properties Real Estate Investment Trust
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