NorthWest Value Partners Inc. announces positive market response to its bid for all of the units of GT Canada Medical Properties REIT and extension of the bid

TORONTO, May 25, 2012 /CNW/ - NorthWest Value Partners Inc. ("NorthWest") is pleased to announce that approximately 87% of the issued and outstanding units and approximately 65% of the fully diluted units of GT Canada Medical Properties Real Estate Investment Trust ("GT") have been tendered to NorthWest's offer (the "Offer") to acquire all of the outstanding units of GT. NorthWest also announces that it has given notice to the depositary under the Offer of NorthWest's intention to extend the Offer for 10 days. The Offer, which was originally scheduled to expire at 11:59 p.m. (Toronto time) on May 25, 2012, will be extended to 11:59 p.m. (Toronto time) on June 4, 2012.

The Offer has been extended to permit GT to file its first quarter interim financial statements prior to NorthWest taking-up units pursuant to the Offer and to permit unitholders of GT who have not tendered their units of GT to date to do so. Once GT has filed its first quarter interim financial statements, NorthWest intends to waive, if required, the Offer's minimum tender condition on or before June 4, 2012 in order to take-up units tendered to the Offer.

NorthWest is in the process of filing with applicable securities regulatory authorities and mailing to unitholders of GT a formal notice of variation and extension in respect of the Offer.

Forward-Looking Statements

This press release includes forward-looking statements regarding NorthWest and its business. The forward looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting NorthWest, GT and their respective businesses. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and NorthWest does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

About NorthWest Value Partners Inc.

NorthWest Value Partners Inc. ("NorthWest") is a private real estate investment firm based in Toronto, Canada. Since 1992, NorthWest has established an exceptional track record of successfully acquiring, developing, operating and building value in real estate across Canada and internationally. NorthWest has a significant focus in healthcare real estate including founding NorthWest Healthcare Properties REIT which is focused on the Canadian market and NorthWest International Healthcare Properties which is focused on international markets, including Australia/New Zealand, Brazil and Germany. Currently, NorthWest has investments in C$2.5 billion of healthcare real estate assets and developments and is focused on accretively growing its portfolio in each of these markets.

Paul Dalla Lana, President
NorthWest Value Partners Inc.
[phone] ext. 1001