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

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

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

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TSX:NWH.DB.G - Post Discussion

NorthWest Healthcare Properties Real Estate Invest 10 Convert Sub Debentures 31 March 2025 > CRAZY CONCLUSION

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Post by garyreins on Aug 08, 2024 8:56am

CRAZY CONCLUSION

Not the outright sale I was hoping for given PDL and partners wanted to buy the reit out supposedly, but at least reasonable deleveraging that may support dividend and stabalize unit price

"The sale price of the REIT's UK portfolio represents a cap rate of 5.9%. Debt totaling C$690 million, with a weighted average interest rate of 7.9%, will be repaid with the net proceeds from the transaction. Management anticipates the transaction will be accretive to Adjusted Funds From Operations ("AFFO")(2) by approximately 6 cents per unit on an annualized basis."

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