TSX-V: MOB.UN
TORONTO, Feb. 3, 2014 /CNW/ - NorthWest International
Healthcare Properties REIT (the "REIT") announced today the
appointment of Dr. C. David Naylor
to the Board of Trustees, serving as an independent trustee.
Dr. C. David Naylor is president
emeritus and professor of medicine at the University of Toronto ("U of T"). He
previously served as president (2005-13) and dean of medicine
(1999-2005) at U of T. Co-author of over 300 scholarly
publications, Dr. Naylor was also founding CEO of the Institute for
Clinical Evaluative Sciences (1991-99) and founding director of
clinical epidemiology at Sunnybrook Health Sciences Centre
(1990-96). He has extensive hospital and academic governance
experience, and his counsel on healthcare strategy and policy has
been sought by governments, associations and companies across
Canada and abroad over the course
of more than 25 years. Dr. Naylor is an Officer of the Order
of Canada, a Fellow of the Royal
Society of Canada and the Canadian
Academy of Health Sciences, and a Foreign Associate of the U.S.
Institute of Medicine.
"I am very excited to have David join the Board
of the REIT. David brings a lifetime of knowledge and experience in
the fields of healthcare and medicine; the very backbone of our
niche global real estate investments. Further, David's outstanding
reputation as a leader in education and public policy will only
further enhance the governance of our Board," said Paul Dalla Lana, Chief Executive Officer of the
REIT.
The appointment of Dr. Naylor is subject to
TSX-V approval.
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. The REIT's objectives
are to: (i) provide its unitholders with stable and growing cash
distributions from investments focused on international healthcare
properties, on a tax efficient basis; (ii) enhance the value of the
REIT's assets and maximize long-term unit value; and (iii) expand
the asset base of the REIT.
Reader Advisory
This news release contains "forward-looking
statements" within the meaning of applicable securities laws. These
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results or events to differ
materially from current expectations, including the regulatory
approval of the senior management changes. The statements in this
news release are made as of the date of this release. Although the
REIT believes that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not
guarantees of future performance and, accordingly, readers are
cautioned not to place undue reliance on such statements due to the
inherent uncertainty therein. A discussion of the risk factors
applicable to the REIT is contained under the heading "Risk
Factors" in the REIT's annual information form dated March 11, 2013 and audited consolidated financial
statements and management's discussion and analysis for the year
ended December 31, 2012, a copy of
which may be obtained on the SEDAR website at
www.sedar.com.
Neither the TSX Venture Exchange Inc. nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) has approved or disapproved the
contents of this press release.
SOURCE NorthWest International Healthcare Properties REIT