Mr. Paul Dalla Lana reports

NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES MAY 2023 DISTRIBUTION

Northwest Healthcare Properties Real Estate Investment Trust trustees have declared a distribution of 6.667 cents per unit for the month of May, 2023, representing 80 cents per unit on an annualized basis. The distribution will be payable on June 15, 2023, to unitholders of record as at May 31, 2023.

Unitholders can participate in the REIT's distribution reinvestment plan (DRIP). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase trust units and will also receive bonus units equal to 3 per cent of their monthly cash distributions. Complete details of the DRIP are available on the REIT's website or from a unitholder's investment adviser.

About Northwest Healthcare Properties Real Estate Investment Trust

Northwest is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. As at March 31, 2023, the REIT provides investors with access to a portfolio of high-quality international health care real estate infrastructure comprising interests in a diversified portfolio of 233 income-producing properties and 18.6 million square feet of gross leasable area located throughout major markets in Canada, the United States, Brazil, Europe, Australia and New Zealand. The REIT's portfolio of medical office buildings, clinics and hospitals is characterized by long-term indexed leases and stable occupancies. With a fully integrated and aligned senior management team, the REIT leverages over 300 professionals in 10 offices in eight countries to serve as a long-term real estate partner to leading health care operators.

We seek Safe Harbor.