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NorthWest Healthcare Properties Real Estate Investment Trust (NWHUF)

Other OTC - Other OTC Delayed Price. Currency in USD
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10.96+0.08 (+0.74%)
As of 11:34AM EST. Market open.
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  • T
    TWF inc
    2022 reits should come back into favour, a lot of them are still trading well below NAV, NWH and others should trade at a premium to NAV because of the quality of their assets. I feel as though they should focus on G7 countries assets and sell assets in countries like Brazil where the currency fluctuations can have a negative cash flow influence. I am bullish on NWH and if we can get things back to normal, in 1 year I expect this to be $15ish. (end of 2022).. by 2025 this could be $16 or $17 as they are becoming more growth orientated and have improving cash flows coming from some of their accretive purchases. This will lower their payout ratio and allow them to keep more cash thereby increasing NAV and giving them more leverage to purchase more accretive properties. This is a very long term investment for me. Paul Dalla Lana (the CEO) will get the shares higher and in time possibly the dividends also.
  • c
    chris
    Hospitals and medical clinics with long term leases....how can you go wrong or loose value
  • I
    Ian
    a friendly reminder for those who run to sell it now. This was one of those rare REITs that actually performed great during the lockdowns. I said already that it was overpriced but, if you panic selling your stocks right now, take a good hard look on NWH before clicking the sell button.
  • R
    R
    Analyst update: Scotia Capital moves target to $15.25 with “sector outperform” rating. (Source = Globe & Mail)
  • M
    Mark
    why do they never increase their dividends?
  • T
    TWF inc
    other reits selling off a bit or flat at best, NWH making new 52 week highs... with improving cash flows over the next year as their accretive purchases begin to add to their bottom line expect the shares to go higher. the ceo is a smart guy and has experience in getting value out of a company like this. Those that only value it based on the dividend not going higher are short sighted... there are lots of REITs that pay 2 or 3% dividends as they have added value through acquisitions and pushed the NAV higher. this is what is and will happen to NWH.
  • S
    Steve A
    Looking to buy in here but i have no idea why people are buying in the 13a when soon people.will be dumping shares because of the dentures
  • I
    Ian
    And just like that NHW is getting closer to its fair price.
  • S
    Stonk Master Flex CVE.2022.01.84
    Making money has never been more boring than with this holding
  • T
    TWF inc
    Scotia just came out with a report the stock is still cheap, target $15... this will be a $17 stock in 2 to 3 years.
  • A
    Anonymous
    I bet the er is good, will hold till nov 8
  • I
    Ian
    If it crosses 13.6 mark, I'll sell my shares, then buy back when the price goes back below 13. I have no idea who, and why, buys them now.
  • A
    Anonymous
    Why people are selling? This stock is so obviously on uptrend.
  • D
    Daniel
    For those who have held on:Operational UpdateThe REIT's portfolio of healthcare infrastructure assets continues to perform well through the COVID-19 pandemic with all properties open and operational. For the three months ended December 31, 2020 the REIT collected 98.3% of rent (including those subject to formal deferral arrangements), which is a 76 basis points improvement from the 97.6% collected in Q3 2020. The strong rent collection throughout the pandemic is illustrative of the defensive attributes of the REIT's portfolio, the essential nature of its tenant base and commitment from governments to ensure access to critical healthcare services. The REIT believes that a growing back log of non-essential treatments and surgeries in each of its global markets is expected to increase demand levels for acute healthcare services and support private hospital system volumes going forward.Transactional ActivitiesAs previously disclosed, during 2020 the REIT acquired a $620 million (�358 million) portfolio of ten high quality private hospitals in the UK leased to leading private hospital operators on a long-term, triple net, inflation indexed basis, at a weighted average acquisition capitalization rate of 6.5%. Since acquisition and during the COVID-19 pandemic, the REIT's UK portfolio has performed as expected with 100% rent collection underpinned by strong funding support from the National Heath Service. The REIT continues to see an approximate $85 million value creation opportunity as the UK portfolio acquisition cap rate stabilizes to market, generating an estimated 150 basis points of compression realized through: (i) tenant diversification and focus on top 5 UK private hospital operators; (ii) major market concentration; and, (iii) lease optimization. The REIT expects to complete these asset management initiatives in 2021 and continues to progress its discussions with potential partners in respect of its planned UK joint venture (the "UK JV") in parallel with a view to generating approximately $260 million in net proceeds from the sell down of its 100% interest in the portfolio in 2021.In Europe, the REIT sold four wholly owned Dutch Clinics in Q1 2021 to its recently established $3.1 billion (#$%$2.0 billion) joint venture (the "European JV") with GIC for $44.8 million (#$%$29.1 million). Also in the Netherlands, the REIT has agreed to acquire a 59,000 square foot life sciences building, 100% leased to a leading clinical research firm with a 19 year weighted average lease expiry ("WALE") for $24.3 million (#$%$15.8 million), representing a 5.9% initial capitalization rate. The property is located in Assen, NL.In Australia, the REIT together with a capital partner, has entered into option agreements to acquire a strategic interest of approximately 16% of the units in Australian Unity Healthcare Property Trust ("AUHPT"), a $2.3 billion (A$2.4 billion) unlisted healthcare property trust comprising 62 high quality hospital, medical centres and other healthcare assets leased to leading Australian healthcare operators with a WALE of 15.9 years and 98% occupancy. The agreements are subject to customary Australian foreign investment approvals.Balance Sheet InitiativesThe REIT has accelerated its 2021 refinancing plans and, to date, has either renewed, refinanced, or extended over 45% of its 2021 maturities with a path to repay and/or refinance the remaining normal course debt maturities. Additionally, the REIT has identified the following organic deleveraging opportunities:The cumulative impact of the transaction activity (including the completion of the REIT's planned UK JV) and the deleveraging initiatives outlined above is expected to reduce the REIT's proportionate leverage from 57.6% as at Q3 2020 to less than 50% and position the REIT's balance sheet for continued strategic growth.
  • T
    TWF inc
    instead of everybody asking why are the shares dropping why don't you go and look on the website and you will find out they issued new shares at $12.65 which is a pretty significant discount what the shares were trading at... every time they do this I just buy more shares and then sell it when it goes up a buck and a half... they basically issue more shares based on what they expect the cash flow to increase so overall it ends up being a wash you will not get a massive price increase in the stock I mean this stock is not going up to $20 a share anytime within the next five years it will likely hit a high of around $15 or so but the dividend is safe so you will get a juicy $0.80 a year just to hold it plus maybe a little bit of capital appreciation but I wouldn't expect very much
  • A
    Anonymous
    Heading for $14
  • N
    Normand
    Very well managed company, with medical real estate, about 98% rented long term, with tenants more than capable of paying. And with more than 6% dividend. Very nice growth slope in the past 5 years. Quick recovery from COVID dip. What is there not to like?
  • A
    Andrew
    This has got to be the best dividend stock out there, and with such a great portfolio of properties in the medical field, I can’t see this going anywhere but up.
  • D
    Daniel
    Reason for uptickTORONTO, Feb. 7, 2020 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH-UN.TO - News) (the "REIT") is pleased to announce an update on the REIT's key strategic initiatives including: (i) growth of the REIT's asset management platform with the formation of a new $3.0 billion (#$%$2.0 billion) European joint venture which increases Global capital commitments to $10.0 billion; (ii) European expansion into the United Kingdom with the acquisition of a $167.0 million (�97.8 million) six-hospital portfolio leased to BMI Healthcare Limited ("BMI") on a long term, triple net, inflation indexed basis; and, (iii) Australasian portfolio management initiatives targeted at simplifying its leading regional platform, providing a clear path to investment grade credit metrics.
  • C
    Chris
    NorthWest Healthcare Properties Real Estate Investment Trust says it and a partner have made an offer to buy Australian Unity Healthcare Property Trust that values it at $2.6 billion, including debt.

    Thoughts on what this could do to the stock price and dividend moving forward.