12:18 PM EST - NorthWest Healthcare Properties REIT : Announced an update on the REIT's key strategic initiatives including: (i) growth of the REIT's asset management platform with the formation of a new $3.0 billion (€2.0 billion) European joint venture which increases Global capital commitments to $10.0 billion; (ii) European expansion into the United Kingdom with the acquisition of a $167.0 million (£97.8 million) six-hospital portfolio leased to BMI Healthcare Limited ("BMI") on a long term, triple net, inflation indexed basis; and, (iii) Australasian portfolio management initiatives targeted at simplifying its leading regional platform, providing a clear path to investment grade credit metrics. NorthWest Healthcare Properties REIT
shares T.NWH.UN are trading up $0.20 at $12.61.
