TORONTO, Feb. 1, 2018 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT“) announced today changes to its board of trustees following the unfortunate passing of Dr. Martin Barkin on January 22, 2018. Dr. Barkin had been NorthWest’s Lead Independent Trustee since 2015 and Chair of its Compensation, Governance and Nominating Committee since the REIT went public in 2010.
Going forward, Mr. Colin Loudon will serve as NorthWest’s Lead Independent Trustee, Dr. David Naylor will serve as Chair of the Compensation, Governance and Nominating Committee and Mr. Brian Petersen will serve as a member of the Compensation, Governance and Nominating Committee. The REIT will also embark in a search for a new independent trustee.
About NorthWest Healthcare Properties Real Estate Investment Trust
NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) 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 144 income-producing properties and 9.7 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Germany, 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 180 professionals across nine offices in five countries to serve as a long term real estate partner to leading healthcare operators.
This press release contains forward-looking statements which reflect the REIT’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. The REIT disclaims any obligation to update these forward-looking statements.
SOURCE NorthWest Healthcare Properties Real Estate Investment Trust
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