NorthWest International Healthcare Properties REIT Announces C$120M Sale Leaseback of Leading Brazilian Hospital

NorthWest International Healthcare Properties REIT Announces C$120M Sale 
Leaseback of Leading Brazilian Hospital 
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE 
UNITED STATES./ 
TSX-V: MOB.UN 
TORONTO, Dec. 27, 2012 /CNW/ - NorthWest International Healthcare Properties 
Real Estate Investment Trust (TSXV: MOB.UN) (the "REIT") announced today the 
acquisition of Hospital e Maternedade Brasil ("HMB") located in suburban Sao 
Paulo, Brazil from Rede D'Or São Luiz S.A. ("Rede D'Or") for approximately 
C$120.0 million.  Concurrent with the sale, Rede D'Or entered into a fully 
net 25 year leaseback of the property with an initial annual rent of 
approximately C$12.3 million, representing a 10.25% intial cap rate, plus 
annual inflation adjustments. 
The acquisition represents the REIT's second investment in Brazil and 
solidifies its position as a leading owner of healthcare real estate in the 
country and is immediately accretive. Adjusting for the acquisition, the 
REIT's weighted average occupancy and lease term have increased to 99.4% and 
13.6 years, respectively, reinforcing the defensive nature of its portfolio. 
In addition, post acquisition, approximately 99% of the REIT's rental revenue 
will be indexed to inflation, adding to its organic growth prospects. 
At approximately 342,000 square feet and with 305 beds, HMB is the largest 
full-service hospital in Santo Andre, a suburb of Sao Paulo, located 
approximately 30 km south of the city centre. HMB is operated by Rede D'Or, 
a privately owned Brazilian hospital operator with 26 hospitals across the 
country and a dominant presence in Rio de Janeiro under the "D'Or" hospitals 
brand; São Paulo under the "São Luiz" brand and Brasilia under the "Santa 
Lucia" brand. Rede D'Or is the largest network of private hospitals in Brazil 
and is widely regarded as one of the fastest growing, and leading hospital 
operators in the country. 
The gross purchase price of C$120.0M includes C$24.0M of deferred 
consideration, which is due in one year. The REIT's investment was funded 
from existing resources and new mortgage financing from BTG Pactual Bank for 
C$60.0M at an interest rate of 6.80% plus annual inflation for a two year 
term. The acquisition closed earlier today, contemporaneously with the 
signing of definitive agreements and is subject to customary post-closing 
adjustments. 
About NorthWest International Healthcare Properties Real Estate Investment 
Trust 
The REIT is an unincorporated, open-ended real estate investment trust 
established under the laws of the Province of Ontario. Including its 
investment in Vital Healthcare Property Trust (NZX: VHP), the REIT holds 
interests in a portfolio of 31 income-producing properties, with a focus on 
internationally-located medical office buildings and healthcare real estate, 
comprising approximately 1.5 million square feet of gross leasable area 
located in Australia / New Zealand, Brazil and Germany. 
Forward Looking Information 
Certain statements contained in this news release may contain projections and 
"forward looking statements" within the meaning of that phrase under Canadian 
securities laws. When used in this new release, the words "may", "would", 
"should", "could", "will", "intend", "plan", "anticipate", "believe", 
"estimate", "expect" and similar expressions may be used to identify forward 
looking statements. Those statements reflect the REIT's current views with 
respect to future events or conditions, including completion of the offering 
and the proposed use of proceeds. By their nature, forward looking statements 
reflect management's current views, beliefs and assumptions and are subject to 
certain risks and uncertainties, known and unknown, including, without 
limitation, risks disclosed in the short-form prospectus of the REIT dated 
December 7, 2012 and in the REIT's other public filings. Many factors could 
cause actual results, performance or achievements to be materially different 
from any future results, performance or achievements that may be expressed or 
implied by these forward looking statements. The REIT does not intend to nor 
assume any obligation to update these forward-looking statements whether as a 
result of new information, plans, events or otherwise, unless required by law. 
These securities have not been and will not be registered under the United 
States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any 
state securities laws and may not be offered or sold in the United States or 
to U.S. persons except in compliance with the registration requirements of the 
U.S. Securities Act and applicable state securities laws or pursuant to an 
exemption therefrom. Accordingly, this news release does not constitute an 
offer for sale of securities in the United States. 
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that 
term is defined in policies of the TSX Venture Exchange) accepts 
responsibility for the adequacy or accuracy of this release. 
Paul Dalla Lana CEO, NorthWest International Healthcare Properties REIT (416) 
366-8300 ext. 1001 
SOURCE: NorthWest International Healthcare Properties Real Estate Investment 
Trust 
To view this news release in HTML formatting, please use the following URL: 
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CO: NorthWest International Healthcare Properties Real Estate Investment Trust
ST: Ontario
NI: HEA MNA  
-0- Dec/27/2012 21:54 GMT
 
 
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