NorthWest Healthcare Properties Real Estate Invest 10 Convert Sub Debentures 31 March 2025 T.NWH.DB.H

This puppy is on a leash...

[sunshine7]

<. ... but next leg up is imminent according to very recent update... the reit continues to monitor the impact of the covid-19 pandemic on its business and is actively working to increase liquidity and fortify its balance sheet by executing upon its previously announced strategic initiatives which will increase the reit's current$135 millionof liquidity to approximately$380 millionby the end of q2-2020, including: the approximately$550 millionsale of australian and european assets to an institutional partner which remains on track to close in q2 2020, subject to typical conditions including regulatory approvals and generate net proceeds of approximately$180 million;the approximately$65 millionfinancing of its portfolio of 6 uk hospitals that is expected to close in lateapril 2020. ...="" but="" next="" leg="" up="" is="" imminent="" according="" to="" very="" recent="" update...="" the="" reit="" continues="" to="" monitor="" the="" impact="" of="" the="" covid-19="" pandemic="" on="" its="" business="" and="" is="" actively="" working="" to="" increase="" liquidity="" and="" fortify="" its="" balance="" sheet="" by="" executing="" upon="" its="" previously="" announced="" strategic="" initiatives="" which="" will="" increase="" the="" reit's="" current$135="" millionof="" liquidity="" to="" approximately$380="" millionby="" the="" end="" of="" q2-2020,="" including:="" the="" approximately$550="" millionsale="" of="" australian="" and="" european="" assets="" to="" an="" institutional="" partner="" which="" remains="" on="" track="" to="" close="" in="" q2="" 2020,="" subject="" to="" typical="" conditions="" including="" regulatory="" approvals="" and="" generate="" net="" proceeds="" of="" approximately$180="" million;the="" approximately$65="" millionfinancing="" of="" its="" portfolio="" of="" 6="" uk="" hospitals="" that="" is="" expected="" to="" close="" in="" lateapril="">

[logicandinertia]

Agreed.   As long as those sales close in Australia, they take care of n/t maturities and avoid having to issue more debt at higher rates.   But seems on track according to company reports.    a number of these cdn REITs are also influenced by flows into reit etfs and reit mutual funds.  As things improve , the market should become more discerning and this could