Investor Presentaiton
Northwest FY23: Simplify and Stabilize
1. Bringing the balance sheet
back into equilibrium
Throughout 2023, the REIT:
Divested non-core assets and unlisted
securities valued at $495 million
(including $163 million in Q4), with the
proceeds used to pay down debt.
Amended, extended, repaid and
refinanced total debt facilities valued at
over $1.4 billion with 2023 and 2024
maturities (incl. execution on a new
facility valued at $140 million which will
mature in 2025).
Year-to-date 2024, the REIT:
Extended the maturity of three facilities
valued at $473 million which will mature
in 2025 ($125m), 2027 ($172m) and 2027
($176m).
2. Core Real Estate performing
well
•
Same Property NOI in Q423 and FY23
increased by 4.0% and 3.7%, respectively.
Maintained strong WALE of >13yrs,
occupancy >97% and rent collection
~99%.
3. Corporate Governance and
ESG
•
GRESB leaders in Real Assets Healthcare
Sector.
Efforts to enable our unitholders to
better trust, understand and value our
business.
Additions to Board of Trustees and
Executive team.
Our core business focus on
Healthcare real estate remains
unchanged.
Epworth Eastern Private Hospital, Australia
Epworth
NWH REIT Q4 2023 FINANCIAL RESULTS PRESENTATION | 8View entire presentation