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Northwest Healthcare Properties Real Estate Investment Trust Releases First Quarter 2021 Results

Northwest Healthcare Properties Real Estate Investment Trust Releases First Quarter 2021 Results
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TORONTO, May 13, 2021 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (the REIT ) (TSX: NWH.UN), Canada s leading global diversified healthcare real estate investment trust, today announced its results for the three months ended March 31, 2021.
Commenting on the activity, Paul Dalla Lana, CEO of the REIT, said:
2021 has gotten off to a strong start with the REIT raising approximately $280 million of new equity and significantly reducing leverage, advancing its life sciences strategy with inaugural acquisitions in both Canada and Europe, as well as strong momentum in its global asset management initiatives. ....

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New-look hospital turns 50 | Dandenong Star Journal

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Evolution has been a fact of life during South Eastern Private Hospital’s 50-year history.
The Noble Park-based hospital is set to celebrate the milestone with an $11 million upgrade that is nearing completion.
The make-over includes renovations to the main entry, façade and car park.
More inpatient beds, a larger oncology unit and rehabilitation gym, a new café, lifts and landscaping are also part of the project.
Chief executive Andrew Blyth said the 192-bed hospital had evolved since being opened by Health Minister JF Rossiter in 1971.
“Over the past 50 years we’ve transitioned from maternity and surgical services to focus on increasing priority areas for the local community such as rehabilitation, oncology, palliative care and mental health.” ....

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