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Bullboard - Stock Discussion Forum NorthWest Healthcare Properties Real Estate Invest 10 Convert Sub Debentures 31 March 2025 T.NWH.DB.G

Alternate Symbol(s):  NWHUF | T.NWH.UN | T.NWH.DB.H | T.NWH.DB.I

Northwest Healthcare Properties Real Estate Investment Trust is an open-ended real estate investment trust. The Company is the owner and operator of healthcare real estate infrastructure in North America, Brazil, Europe and Australasia. The principal business of the Company is to invest in healthcare real estate globally. It focuses on the cure segment of healthcare real estate, such as... see more

TSX:NWH.DB.G - Post Discussion

Post by SNAKEYBOY on Jul 10, 2023 12:23pm

Can someone summarize the litigation

What happened.
Comment by DanielDarden on Jul 10, 2023 1:39pm
In 2021 NWH attempted to expand their asset management business by offering to jointly (with GIC) buy a Aust. Unlisted Trust. It was not successful after taking a position and sued the manager and affiliates of the Trust. The settlement now provides for an avenue to exit the position by year end. The net result of this will obviously depend on the market for the Aust.Trust units and the timing of ...more  
Comment by SNAKEYBOY on Jul 10, 2023 1:45pm
If they took a position, why were they unable to liquidate it? Why DID IT REQUIRE litigation to  sell the position- and more importantly, how many millions will it free up?