NorthWest Healthcare Properties Real Estate Investment Trust Overview
Pro stress-test →NorthWest Healthcare Properties REIT is a global investor and operator of healthcare infrastructure assets. The REIT manages a diversified portfolio of 167 income-producing properties and 15.7 million square feet of gross leasable area located throughout major markets in North America, Australasia, Brazil and Europe.
Strategic Profile
Pro stress-test →The REIT's portfolio of medical outpatient buildings, clinics, and hospitals is characterized by long-term indexed leases and stable occupancies. The REIT is pursuing asset sales in Europe and internalizing management at Vital in Australasia, aiming to simplify its business and repatriate capital to North America.
Competitive Landscape
Pro stress-test →Within the REIT—Healthcare Facilities sector, NorthWest competes with Chartwell Retirement Residences (CAD 6.197B market cap), US-listed Medical Properties Trust and Welltower Inc. (CAD 126.785B market cap), and other major healthcare REITs. NorthWest's international diversification and long-term indexed lease model differentiate it in the mid-cap healthcare REIT space.
Industry Context
NorthWest Healthcare Properties Real Estate Investment Trust operates in Real Estate Investment Trust - Healthcare Facilities.
Key facts
Founded: 2004 · Headquarters: Toronto, Canada · Market cap: CAD 1.324B