NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) entered into an agreement to acquire a medical office building located in Fulda, Germany for CAD 9.9 million on January 10, 2017. The transaction will be funded from an in-place mortgage of approximately CAD 19.1 million and from internal resources. As on January 23, 2017, NorthWest Healthcare Properties Real Estate Investment Trust made a public offering worth CAD 75 million and part of it will be used for financing the acquisition. As on January 31, 2017, NorthWest Healthcare Properties Real Estate Investment Trust completed the public offering and raised gross proceeds of CAD 86.3 million. The transaction is expected to close in the first quarter of 2017.