Mr. Craig Mitchell reports

NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES DECEMBER 2023 DISTRIBUTION

Northwest Healthcare Properties Real Estate Investment Trust's trustees have declared a distribution of three cents per unit for the month of December, 2023, representing 36 cents per unit on an annualized basis. The distribution will be payable on Jan. 15, 2024, to unitholders of record as at Dec. 29, 2023.

The REIT also announced today that commencing with the December, 2023, distribution, unitholders can elect to participate in the REIT's distribution reinvestment plan (DRIP), which had previously been suspended on June 7, 2023. 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. Unitholders that were previously enrolled in the DRIP at the time of its suspension and remain enrolled at the time of its reinstatement will automatically resume participation in the DRIP. Complete details of the DRIP are available under the investors section of the REIT's website.

About Northwest Healthcare Properties Real Estate Investment Trust

Northwest Healthcare Properties is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at Sept. 30, 2023, of interests in a diversified portfolio of 229 income-producing properties and 18.2 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 employees in 10 offices in eight countries to serve as a long-term real estate partner to leading health care operators.

We seek Safe Harbor.