March 31, 2016 / 9:18 PM / in a year

BRIEF-Northwest Healthcare Properties REIT says bought deal of $65 mln of trust units

March 31 (Reuters) - Northwest Healthcare Properties REIT

* Northwest Healthcare Properties REIT announces bought deal of $65 million of trust units

* Public offering, on a “bought deal” basis, of 7,086,956 trust units at a price of $9.20 per unit

* Intends to use net proceeds to fund equity component of acquisition of two medical office complex in Berlin, Germany

* Northwest Value Partners Inc, largest unitholder to buy aggregate of about $10 million in units at offering price

* Northwest Value Partners Inc currently holds about 34 pct interest in Northwest REIT Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +1 646 223 8780)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below