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  5. NWH.UN: Can you comment on the REIT's June 7 press release? [NorthWest Healthcare Properties Real Estate Investment Trust]
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Q: Can you comment on the REIT's June 7 press release? Will this news help to alleviate investor concerns?

Chris M.
Asked by chris on June 09, 2023
5i Research Answer:

Yes; the closing of the JV will bring in $276M and the hospital sale brings in $56M. Leverage has been a concern and some were worried the UK deal would not close. It will alleviate some financial pressure on the company, certainly.