Northwest Healthcare Properties Real Estate Investment Trust announces
closing of medical office acquisition in Edmonton suburb

TORONTO, July 7 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (the "REIT") announced today it has closed the acquisition of a new medical office building, Queen Street Place, in the Edmonton suburb of Spruce Grove, Alberta.

Queen Street Place is the dominant medical building in its market and is the REIT's third asset in the Edmonton market. It is a newly constructed (2007), fully-leased multi-tenant medical building comprising approximately 70,000 square feet of gross leasable area.

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 46 income-producing properties, with a focus on medical office buildings and healthcare real estate, comprising approximately 2.8 million square feet of gross leasable area located in British Columbia, Alberta, Ontario, Québec, Nova Scotia and New Brunswick.

For further information: Mike Brady, Senior Vice President, NorthWest Healthcare Properties Real Estate Investment Trust, [phone] ext. 243, or www.nwhp.ca