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State: 17.08.2024 | 11PM
Sun, 02.03.2025       Welltower
US95040Q1040

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 located within highly affluent neighborhoods in Toronto, Vancouver and Victoria. In conjunction with the transaction, Welltower also announced the formation of a long-term strategic partnership with Amica Senior Lifestyles ("Amica"), a preeminent seniors housing owner/operator of category-defining luxury communities with a long-term track record of substantial value creation through superior operational and development acumen.

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