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

NorthWest International Healthcare Properties REIT completes acquisition of 
German medical office building 
TSX-V: MOB.UN 
TORONTO, April 1, 2013 /CNW/ - NorthWest International Healthcare Properties 
Real Estate Investment Trust (TSXV: MOB.UN) (the "REIT") announced today that 
it has completed the previously announced acquisition of Medicum Muensterfeld 
- a newly constructed medical office complex located in Fulda, Germany, 
approximately 100km northeast of Frankfurt, Germany. The acquisition is 
expected to be immediately accretive. 
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$20M is subject to customary closing 
adjustments and represents an approximate 7.0% in-place cap rate. The REIT's 
investment was funded from existing resources and new mortgage financing from 
Deutsche Genossenschafts-Hypothekenbank AG for C$12M with a five year term, a 
fixed interest rate of 2.37% per annum and a 40 year amortization period. 
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) and this acquisition, 
the REIT now holds interests in a portfolio of 32 income-producing properties, 
with a focus on internationally-located medical office buildings and 
healthcare real estate, comprising approximately 2.0 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 future financial 
performance of Vital Trust . 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 
March 18, 2013 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 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/April2013/01/c9571.html 
CO: NorthWest International Healthcare Properties REIT
ST: Ontario
NI: REL HEA REL  
-0- Apr/01/2013 13:21 GMT
 
 
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