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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

NorthWest Healthcare Properties REIT and NorthWest International Healthcare Properties REIT Combine to Create a Leading Global Healthcare REIT

2015

Areas Banking and Finance Law, Commercial Real Estate, Corporate and Commercial, Corporate Finance and Securities, Health Care Law, Litigation, REITs and Income Securities, Tax

Summary

Goodmans represented NorthWest International Healthcare Properties Real Estate Investment Trust (TSXV:MOB.UN) ("NWI") in the completion of its combination with NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) ("NWH") creating a leading global diversified healthcare real estate investment trust with over $2 billion of assets. The combination was completed by a plan of arrangement under the Business Corporations Act (Alberta). Pursuant to the terms of the transaction, NWH acquired all of the assets of NWI and NWI unitholders received 0.208 of a NWH trust unit for each NWI trust unit held on a tax-deferred basis. All NWI convertible debentures were assumed by NWH, with the conversion prices being adjusted in accordance with their terms.

NWH now holds a portfolio of international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 123 income-producing properties focused on medical office buildings, clinics, and hospitals located throughout major markets in Canada, Brazil, Germany, Australia and New Zealand.