NorthWest Healthcare Properties REIT (TSE:NWH.UN) has released an update.
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Northwest Healthcare Properties REIT has successfully sold its UK portfolio to Assura PLC for £500 million, marking the end of its strategic review process. This transaction is expected to be beneficial for the REIT, contributing approximately 6 cents per unit annually to its Adjusted Funds From Operations. The sale is part of Northwest’s larger strategy to streamline its business and improve its balance sheet.
For further insights into TSE:NWH.UN stock, check out TipRanks’ Stock Analysis page.
