Northwest Healthcare Properties REIT Announces $885 Million Sale of UK Portfolio and Concludes Formal Strategic Review #RealEstate #TSX #Investing

Northwest sells UK portfolio for £500 million (C$885 million) at a 5.9% cap rateSince the beginning of the formal strategic review, the REIT has sold assets for gross proceeds of approximately C$1.6 billion Northwest's Board concludes formal strategic review process Northwest is committed to continued asset sales to simplify the business and strengthen the balance sheet, aiming to become an institutional-quality REIT Toronto, Ontario--(Newsfile Corp. - August 8, 2024) - Northwest Healthcare...


http://dlvr.it/TBf5G3

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