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Toronto REIT Launches $2 Billion Venture to Invest in Australian Health Care

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One of Northwest Healthcare Properties holdings, the Oxford Health Centre in London, Ontario.Toronto-based NorthWest Healthcare Properties REIT, whose Canadian portfolio comprises 57 buildings with approximately 4 million square feet of space, is joining forces with "a large sovereign wealth fund" in a $2 billion Australian joint venture. The venture has an indefinite term, with the total gross commitment made up of debt and equity, and plans to...

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