May 25, 2017 / 11:17 PM / in 6 months

BRIEF-Northwest Australia achieves majority stake in Generation Healthcare REIT

May 26 (Reuters) - Northwest Healthcare Properties REIT

* Northwest Australia has achieved a 50.25% majority stake in Generation Healthcare REIT on 25 May

* offer has been unanimously recommended by board of Generation responsible entity

* Northwest encourages remaining unitholders in generation to accept its all-cash, unconditional offer

* offer has been unanimously recommended by board of generation responsible entity, in absence of a superior proposal

* offer has been declared final as to price and will not be increased Source text for Eikon: Further company coverage:

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