REPEAT: NorthWest International Healthcare Properties REIT Announces Marketed Offering


TORONTO, ONTARIO--(Marketwire - Nov. 26, 2012) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

NorthWest International Healthcare Properties Real Estate Investment Trust (TSX VENTURE:MOB.UN) (the "REIT") announced today that it has filed and received a receipt for a preliminary short form prospectus in each of the provinces and territories in Canada with respect to an offering of units of the REIT. The offering will be conducted on behalf of the REIT by GMP Securities L.P. and National Bank Financial Inc. (collectively, the "Underwriters"). Additionally, the REIT will grant to the Underwriters an option to purchase up to that number of additional units equal to 15% of the number of units sold at the closing of the offering to cover over-allotments, if any, and for market stabilization purposes.

The net proceeds from the offering are expected to be used for advancing the REIT's international healthcare real estate strategy, potential future acquisitions and ongoing operating and working capital requirements.

The offering is expected to close in mid-December, 2012 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals, including the approval of the TSX Venture Exchange and applicable Canadian securities regulatory authorities.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About NorthWest International Healthcare Properties Real Estate Investment Trust ("NorthWest")

NorthWest is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. Including its investment in Vital Healthcare Property Trust (NZX:VHP), the REIT holds interests in a portfolio of 31 income-producing properties, with a focus on internationally-located medical office buildings and healthcare real estate, comprising approximately 1.5 million square feet of gross leasable area located in Australia, Brazil and Germany.

Forward Looking Information

Certain statements contained in this news release may contain projections and "forward looking statements" within the meaning of that phrase under Canadian securities laws. When used in this new release, the words "may", "would", "should", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions may be used to identify forward looking statements. Those statements reflect the REIT's current views with respect to future events or conditions, including completion of the offering and the proposed use of proceeds. By their nature, forward looking statements reflect management's current views, beliefs and assumptions and are subject to certain risks and uncertainties, known and unknown, including, without limitation, risks disclosed in the preliminary short-form prospectus of the REIT dated November 23, 2012 and in the REIT's other public filings. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by these forward looking statements. The REIT does not intend to nor assume any obligation to update these forward-looking statements whether as a result of new information, plans, events or otherwise, unless required by law.

These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold in the United States or to U.S. persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to an exemption therefrom. Accordingly, this news release does not constitute an offer for sale of securities in the United States.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

NorthWest International Healthcare Properties REIT
Paul Dalla Lana
CEO
(416) 366-8300 ext. 1001