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Northwest Healthcare Properties REIT Achieves Strong 2024 Financial Results

Story Highlights
  • Northwest Healthcare Properties REIT reported strong financial results for 2024.
  • The company executed strategic asset sales and debt refinancing, enhancing growth potential.
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Northwest Healthcare Properties REIT Achieves Strong 2024 Financial Results

An announcement from NorthWest Healthcare Properties REIT ( ($TSE:NWH.UN) ) is now available.

Northwest Healthcare Properties REIT reported strong financial results for the fourth quarter and year-end 2024, with significant increases in adjusted funds from operations (AFFO) and net income. The company successfully executed $1.4 billion in non-core asset sales, repaid and refinanced substantial debt, and achieved an investment-grade credit rating. These strategic moves have positioned Northwest to capitalize on global healthcare infrastructure demand, driving sustainable growth and operational efficiencies.

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 presence in North America, Brazil, Europe, and Australasia. The company focuses on optimizing its portfolio and enhancing financial flexibility to meet the growing demand for healthcare infrastructure worldwide.

YTD Price Performance: 8.79%

Average Trading Volume: 29,815

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $828.3M

See more insights into NWH.UN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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