TORONTO, April 11, 2012 /PRNewswire/ – NorthWest Healthcare Properties Real
Estate Investment Trust (TSX: NWH.UN) (the “REIT”) announced today that
it has completed the previously announced acquisition of Willow Brook
Medical Centre, a 34,800 square foot medical office and retail property
in Airdrie, Alberta. The purchase is expected to be immediately
accretive.

Located just north of Calgary, in the rapidly growing City of Airdrie,
Willow Brook Medical Centre (836 1^st Avenue NW) is a recently constructed medical office and retail complex
that has quickly become a prominent healthcare property in the
immediate market. Due to an appealing design and a strategic location
along the Calgary/Edmonton corridor, Willow Brook Medical Centre is
leased to a quality roster of healthcare related tenants, including a
large stand-alone Shoppers Drug Mart, a large medical clinic (Associate
Medical Clinic), LifeMark Health and EFW Radiology, all on long-term
leases.

The purchase price was $14.5 million, subject to adjustments. The
property was acquired free and clear of mortgage financing, with the
equity being funded from existing resources. NorthWest has entered
into a commitment for a six year, $9.55 million mortgage at a fixed
interest rate of 3.62% that is expected to fund in the second quarter.

The investment is the REIT’s eighth acquisition in Greater Calgary and
its thirteenth asset in the Province of Alberta. The REIT believes that
the acquisition of Willow Brook Medical Centre further solidifies its
market leadership in healthcare real estate in Canada.

About NorthWest Healthcare Properties Real Estate Investment Trust
NorthWest Healthcare Properties Real Estate Investment Trust is an
unincorporated, open-ended real estate investment trust established
under the laws of the Province of Ontario. The REIT holds a portfolio
of 62 income-producing properties, with a focus on medical office
buildings and healthcare real estate, comprising approximately 4.2
million square feet of gross leasable area located in British Columbia,
Alberta, Ontario, Qu bec, Nova Scotia and New Brunswick.

This press release contains forward-looking statements which reflect the
REIT’s current expectations regarding future events. The
forward-looking statements involve risks and uncertainties. Actual
results could differ materially from those projected herein. The REIT
disclaims any obligation to update these forward-looking statements.

SOURCE NorthWest Healthcare Properties Real Estate Investment Trust