NorthWest International Healthcare Properties REIT announces acquisition of German medical office building

NorthWest International Healthcare Properties REIT announces acquisition of 
German medical office building 
TSX-V: MOB.UN 
TORONTO, March 5, 2013 /CNW/ - NorthWest International Healthcare Properties 
Real Estate Investment Trust (TSXV: MOB.UN) (the "REIT") announced today that 
it has entered into an agreement to acquire Medicum Muensterfeld - a newly 
constructed medical office complex located in Fulda, Germany, approximately 
100km northeast of Frankfurt, Germany. The acquisition represents the REIT's 
sixth asset in Germany and reinforces its commitment to becoming the largest 
owner of healthcare real estate in the country. 
At approximately 120,000 square feet, Medicum Muensterfeld is 99% occupied 
with a weighted average lease expiry of 7.1 years. The property has a 
diversified tenant base focused on healthcare related users and orthapedic 
services which benefit from the building's close proximity to the Klinikum 
Fulda - one of Fulda's leading hospitals. 
The purchase price of approximately C$20.3M, subject to customary closing 
adjustments represents an approximate 7.0% in-place cap rate. The REIT's 
investment will be funded from existing resources and new mortgage financing 
from Deutsche Genossenschafts-Hypothekenbank for C$12.2M with a five year 
term, a fixed interest rate of approximately 2.50% per annum and a 40 year 
amortization period. The acquisition is expected to close during the first 
quarter of 2013, subject to customary closing conditions and is expected to be 
immediately accretive. 
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 currently 
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 1.9 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 the closing of the 
acquisition (either on the terms proposed or at all) and the accretive nature 
of the acquisition. 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. 
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 REIT 
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CO: NorthWest International Healthcare Properties REIT
ST: Ontario
NI: REL HEA REL ORDER  
-0- Mar/05/2013 14:01 GMT
 
 
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