US EditionWelltower Announces Acquisition of Ultra-Luxury Amica Senior Lifestyles Portfolio for C$4.6 Billion and Formation of Long-Term Growth Partnership - Welltower (NYSE:WELL)
- Welltower is acquiring a portfolio of 38 ultra-luxury seniors housing communities from Ontario Teachers' Pension Plan for C$4.6 billion, which includes nine development parcels.
- Welltower will assume C$560 million in debt as part of the acquisition.
- The acquisition includes a long-term strategic partnership with Amica Senior Lifestyles, enhancing Welltower's presence in affluent areas of Canada.
- The deal is expected to close in the fourth quarter of 2025, pending regulatory approvals.
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Welltower Announces Acquisition of Ultra-Luxury Amica Senior Lifestyles Portfolio for C$4.6 Billion and Formation of Long-Term Growth Partnership - Welltower (NYSE:WELL)
TOLEDO, Ohio, March 2, 2025 /PRNewswire/ -- Welltower Inc. (NYSE:WELL) ("Welltower" or the "Company") today announced that it is under contract to acquire a portfolio of 38 ultra-luxury seniors housing communities and nine entitled development parcels, including a 31-property in-place portfolio valued at C$3.2 billion, from Ontario Teachers' Pension Plan for aggregate consideration of C$4.6 billion. The irreplicable and trophy portfolio is loca…
·New York, United States
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