NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES
COMPLETION OF $75 MILLION PUBLIC OFFERING OF TRUST UNITS

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

TORONTO, Oct. 29 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (the "REIT") (TSX:NWH.UN) today announced that it has successfully completed its previously announced issuance of 6,495,000 trust units for $11.55 per unit for gross proceeds of $75,017,250. The underwriting syndicate for the offering was led by RBC Capital Markets.

The offering was made pursuant to a short form prospectus dated October 22, 2010, which was filed with Canadian securities regulators.

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 48 income-producing properties, with a focus on medical office buildings and healthcare real estate, comprising approximately 3.0 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, (416)
366-2000 ext. 243, or www.nwhp.ca