Nareit Welcomes New Members

Nareit is pleased to welcome two new corporate members.

NorthWest Healthcare Properties REIT (TSX: NWH.UN) provides investors with access to a portfolio of high-quality health care real estate comprised of interests in a diversified portfolio of 122 income-producing properties and 8.0 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Germany, Australia, and New Zealand. In Canada, the REIT is the largest non-government owner and manager of medical office buildings and health care facilities, with 70 properties located from coast to coast, including major concentrations in Calgary, Edmonton, Toronto, Montreal, Quebec City, and Halifax. In its international markets, the REIT is a partner with the region’s leading health care operators and has built leading management platforms in global gateway cities comprised of quality health care real estate infrastructure assets with a capacity for future growth.

Postal Realty Trust Inc. (NYSE: PSTL) is an internally managed real estate company that owns and manages properties leased to the United States Postal Service or USPS. The company's portfolio is comprised of 271 postal properties located in 41 states with over 871,843 net leasable interior square feet. The company, through its taxable REIT subsidiary, also provides fee-based third party management services for an additional 404 postal properties leased to the USPS and owned by family members of the company's chief executive officer, Andrew Spodek, and their partners.

(Contact: Afia Nyarko Boone at aboone@nareit.com and Katelyn Rowland at krowland@nareit.com)

The Nareit Developments section on reit.com provides updates of Nareit's activities and key events impacting the REIT and commercial real estate industry. Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Please see our Terms of Use.