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NorthWest Healthcare Properties REIT ( ($TSE:NWH.UN) ) has shared an announcement.
NorthWest Healthcare Properties REIT has achieved an investment-grade issuer credit rating of BBB (low) with a stable trend from Morningstar DBRS. This milestone reflects the strength and resilience of its global healthcare real estate portfolio and supports its strategic objectives of enhancing its financial position by reducing leverage and improving cost of capital. The credit rating is a testament to the company’s execution in building a high-quality healthcare REIT, which is expected to have positive implications for its market positioning and stakeholder confidence.
More about NorthWest Healthcare Properties REIT
NorthWest Healthcare Properties Real Estate Investment Trust is a prominent owner and operator of healthcare real estate infrastructure, with a significant presence in North America, Brazil, Europe, and Australasia. The company offers investors access to a diversified portfolio of 185 income-producing properties, including medical outpatient buildings, clinics, and hospitals, spread over 16.1 million square feet of gross leasable area. Its operations are characterized by long-term indexed leases and stable occupancies, leveraging a global workforce in eight countries to serve leading healthcare operators.
YTD Price Performance: 2.36%
Average Trading Volume: 30,530
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $780.3M
For an in-depth examination of NWH.UN stock, go to TipRanks’ Stock Analysis page.
