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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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10.34+0.98 (+10.47%)
As of 10:12AM EDT. Market open.
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  • J
    Jrf
    I've been busy buying all the beaten down tech stocks at a discount , will continue to add this next year. everyone fleeing stocks in recession fear is money for me 😎
  • T
    TWF inc
    Looking at the share price now I guess nobody really predicted a recession being around the corner after just coming out of covid... Inflation has killed the momentum with rates moving up.. and it's looking like it's going to be a while before we come out of this... I think the bottom will ultimately be around the $11 range... I cut a lot of my real estate about 8 weeks ago in anticipation of interest rates going higher... Still own many thousands of shares of Northwest and will continue as I have them in drip in my RRSP and TFSA... I have been investing in trading stocks for over 2 decades now and I've never really seen anything quite like this... Crazy world we're living in.. good luck everyone !!
  • R
    Rizwan
    Why is the price going Down? The company seems to operate normally
  • T
    TWF inc
    For those that do not understand how interest rates affect reits, or if you think interest rates do not affect reits, you might want to listen to this podcast, it could change the way you think... I should have posted this weeks ago actually.. Sorry to some of you.. This podcast taught me a few things.. Its not for everyone here because some of you already know everything (certain know it alls)
    http://commercialrealestatepodcast.com/reits-mark-rothschild-canaccord-genuity-2/
    Mark Rothschild of Cannacord Genuity discusses how REITs will perform when interest rates and inflation are rising, and investment strategy is pivoting.
    Mark Rothschild of Cannacord Genuity discusses how REITs will perform when interest rates and inflation are rising, and investment strategy is pivoting.
    commercialrealestatepodcast.com
  • D
    Derrick
    Is the support 12.55
  • F
    Facts
    1,816,023 insider shares sold this June so far.
  • T
    TWF inc
    Decetn quarter, as expected, FFO is growing.. if they could start growing organically instead of issuing shares it would help.. They did mention organic growth but I noticed they have a lot more outstanding shares now, and as their expansion plans come together if they keep issuing new shares it keeps gobbling up dividends at over 90% payout ratio.. Nav increase a bit to $14.73. I think they can reach $17 a share, but with a recession coming and rates going higher, we wont see anything like that for likely 4 years Im guessing... There should be more accretive purchases, and they have some build projects ongoing that should be very accretive.. Good luck everyone.
  • T
    Todd
    Dividend is stagnant, huge issue for Iong term investors
  • S
    Steve
    so this is down over 10 percent because the ten year has gone up a couple percent? Inflation is bad no doubt but it will pass eventually and those who are buying now will be laughing
  • S
    Shimul
    sorry to bother all. just wondering is it good stock to buy now thanks
  • F
    Frank
    Hey guys, I know NorthWest mostly has long term leases (14 years on average). Does anyone know if these leases are inflation protected? Meaning, can NorthWest mosify the lease on an annual basis parallel with current inflation?

    Thanks and cheers!
  • T
    TWF inc
    crazy how reits are selling off so badly... im down now by a fair bit... I will buy more if I am down 10% or more from my cost.. not there yet..
  • J
    Jonathan
    hilarious
  • S
    Steve
    Bought more ar 13.12
  • D
    Daniel
    Does this REIT have management fees?
  • I
    Ian
    ok, I just bought 50 x 12.74. that's enough, for now.
  • B
    Brando
    When is the dividend payout date?
  • Y
    Yahoo Finance Insights
    NWH-UN.TO reached a 52 Week low at 12.52
  • I
    Ian
    this is the price I begin to like
  • 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.