NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) agreed to acquire Four Medical Office Buildings in the Netherlands for approximately CAD 170 million on June 10, 2021. The purchase price for the Netherlands MOBs is approximately CAD 172 million based on a capitalization rate of approximately 5.1%. NorthWest has secured debt financing based on 58% loan-to-value with an attractive interest rate of approximately 2.4% to partially fund the purchase price. In a related transaction, NorthWest also announced a public offering, on a "bought deal" basis, of 13,900,000 trust units at a price of CAD 12.60 per unit representing gross proceeds of approximately CAD 175,140,000. Concurrently with the public offering, NorthWest has also entered into an agreement to sell 1,985,000 trust units to NorthWest Value Partners Inc. on a nonbrokered private placement basis at the offering price for gross proceeds of approximately CAD 25 million. NorthWest intends to use the net proceeds of the offerings to: (i) fund its equity requirement for the purchase of a campus of four medical office buildings in the Netherlands; and (ii) provide financial flexibility in respect of its previously announced proposed transaction to acquire Australian Unity Healthcare Property Trust. The remaining proceeds, if any, will be used to fund future acquisitions, to repay amounts outstanding on its credit facilities and for general trust purposes. The acquisition of the Netherlands MOBs is expected to close in June 2021.