TSX-V: MOB.UN

TORONTO, April 2, 2013 /CNW/ – NorthWest International Healthcare
Properties Real Estate Investment Trust (TSXV: MOB.UN) (the “REIT”)
announced today that it has given notice to Vital Healthcare Management
Limited of its intention to seek to acquire up to 15,352,830 additional
units of Vital Healthcare Property Trust (“Vital Trust”) (the
“Potential Unit Acquisitions”) in the open market over the New Zealand
Stock Exchange (“NZSX”).

The REIT currently has exposure to an approximate 20% interest in Vital
Trust. Vital Trust is also managed by an affiliate of the REIT’s
external manager. The Potential Unit Acquisitions are expected to occur
within and over the period of up to 12 months after April 24, 2013,
will be in the range of NZ$1.15 to NZ$1.38 per unit and are conditional
upon there being sufficient sellers of units within the price range
offered by the REIT. If the Potential Unit Acquisitions are completed
in full, the REIT’s exposure to Vital Trust would increase to slightly
less than 25%.

This press release is being issued in connection with a regulatory
filing that must be completed by the REIT under New Zealand law.
Securityholders of the REIT should be cautioned that the regulatory
filing merely provides notice of an intent to complete the Potential
Unit Acquisitions, and there are no assurances that the Potential Unit
Acquisitions will be completed on the terms set forth above or at all.

About NorthWest International Healthcare Properties Real Estate
Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust
established under the laws of the Province of Ontario. Including its
investment in Vital Healthcare Property Trust (NZX: VHP), the REIT
holds interests in a portfolio of 32 income-producing properties, with
a focus on internationally-located medical office buildings and
healthcare real estate, comprising approximately 2.0 million square
feet of gross leasable area located in Australia / New Zealand, Brazil
and Germany.

Forward Looking Information

Certain statements contained in this news release may contain
projections and “forward looking statements” within the meaning of that
phrase under Canadian securities laws. When used in this new release,
the words “may”, “would”, “should”, “could”, “will”, “intend”, “plan”,
“anticipate”, “believe”, “estimate”, “expect” and similar expressions
may be used to identify forward looking statements. Those statements
reflect the REIT’s current views with respect to future events or
conditions, including the Potential Unit Acquisitions. By their
nature, forward looking statements reflect management’s current views,
beliefs and assumptions and are subject to certain risks and
uncertainties, known and unknown, including, without limitation, risks
disclosed in the annual information form of the REIT dated March 11,
2013, the short-form prospectus of the REIT dated March 18, 2013 and in
the REIT’s other public filings. Many factors could cause actual
results, performance or achievements to be materially different from
any future results, performance or achievements that may be expressed
or implied by these forward looking statements. The REIT does not
intend to nor assume any obligation to update these forward-looking
statements whether as a result of new information, plans, events or
otherwise, unless required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

SOURCE NorthWest International Healthcare Properties REIT