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NORTHWEST HEALTHCARE PROPERTIES 180 DUNDAS STREET WEST , SUITE 1100 , TORONTO , ONTARIO , M5G 1Z8 T : 416 366 2000 F : 416 366 2433 www.nwhp.ca NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST RELEASES STRONG FOURTH QUARTER AND FULL YEAR 2020 RESULTS TORONTO , March 11 , 2021 / CNW / - NorthWest Healthcare Properties Real Estate Investment Trust ( the " REIT " ) ( TSX : NWH.UN ) , Canada's leading global diversified healthcare real estate investment trust , today announced its results for the three and twelve months ended December 31 , 2020 . Commenting on the activity , Paul Dalla Lana , CEO of the REIT , said : " 2020 was an unprecedented year with a global pandemic that impacted societies and economies everywhere , the legacy of which will be felt for many years to come . It was , at its core , a year focused on healthcare , our industry . I am pleased with how NorthWest's defensive business model performed in this environment , and proud of the way our team took on all challenges to support our many critical facilities and frontline partners delivering life - saving services . For the year , the REIT delivered solid operating results with AFFO per unit and NAV per unit growth of 4.8 % and 3.2 % , respectively , on a constant currency basis , on an $ 8.0 billion 188 property global portfolio . The REIT was also successful on advancing all of its 2020 strategic objectives , including completion of a new $ 3 billion European JV , geographic expansion into the UK and simplification of its Australasian platform . Moreover , as the world looks to emerge from this pandemic , with societies everywhere focused on reinforcing their health systems to cope with pent - up demand as well as planning for additional capacity to meet challenges in the future , the REIT is exceptionally well positioned to continue to broaden and grow it business as the partner of choice for institutional investors and health systems around the world . " Impact of COVID - 19 : The 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 98.2 % of rent ( including those subject to formal deferral arrangements ) , which is a 67 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 .