NorthWest Healthcare Properties REIT Announces $165 Million Equity Financing

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TORONTO, March 23, 2022 (GLOBE NEWSWIRE) -- NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) announced today a public offering, on a "bought deal" basis, of 10,870,000 trust units (the “Units”) at a price of $13.80 per Unit (the “Offering Price”) representing gross proceeds of approximately $150 million (the "Public Offering"). The Public Offering is being made through a syndicate of underwriters co-led by Scotiabank and RBC Capital Markets.