Canada's largest healthcare REIT is cutting its distribution by more than half and launching a strategic review, moves that come in the wake of Northwest Healthcare Properties' former CEO making a strategic proposal to his former company.
Canada's Largest Healthcare REIT Moves to Cut Distribution by 55%
Northwest Healthcare Properties Begins Strategic Review, Looks to Strengthen Balance Sheet
By Garry Marr
CoStar NewsSeptember 25, 2023 | 4:24 P.M.
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IN THIS ARTICLE
- Companies
- Northwest Healthcare Properties
Real Estate
- Contacts
- Paul Dalla Lana
Chairman