NorthWest Health Prop Real Est Inv Trust ( TSX:NWH.UN ) has done quite well by appreciating about 30% in the last three years while offering a high yield. NWH.UN data by YCharts. NWH.UN's three-year price returns. The main reason for the price appreciation was that the stock was a bit undervalued three years ago. Additionally, NorthWest Healthcare Properties has some long-term indexed leases that help with growth. The real estate investment trust's (REIT) diversified portfolio consists of 152 medical office or hospital properties throughout major markets of Canada, Brazil, Germany, Australia, and New Zealand. Its assets outside Canada is what supports a high occupancy of about 96% and a long weighted average lease expiry of about 12 years. The REIT's stable cash flow along with its payout ratio of about 89% support its big cash distribution. At $10.86 per unit as of writing, NorthWest Healthcare Properties offers a juicy cash distribution yield of 7.37%.