NorthWest Healthcare Properties Real Estate Investment Trust announced that it has entered into agreements with a UK institutional investor (the UK Investor) in respect of a new joint venture targeting healthcare real estate in the UK (the UK JV) with an aggregate equity commitment of $765 million (£500 million) to be funded 85% by the UK Investor and 15% by the REIT as well as a $75 million (£50 million) investment in the REIT's existing seed portfolio. The agreements are expected to be finalized by year-end.