Welltower, a publicly traded real estate investment trust based in the United States, agreed to buy the Amica Senior Lifestyles chain from the Ontario Teachers’ Pension Plan as demand rises across Canada for retirement homes.
Welltower to buy Amica retirement home chain from Ontario Teachers' for $4.6 billion
Deal with global investor will give US REIT 31 complexes across Toronto, Vancouver and Victoria
CoStar News
March 5, 2025 | 8:54 P.M.
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IN THIS ARTICLE
- Properties
- Amica at Oakville
160 Bronte Rd, Oakville, ON
- Amica at London
517 Fanshawe Park Rd, London, ON
- Amica at Newmarket
275 Doak Ln, Newmarket, ON
- Amica Lions Gate
701 Keith Rd, West Vancouver, BC
- Amica St. Catharines Place
113 Scott St, St Catharines, ON
- Companies
- Ontario Teachers' Pension Plan
Finance and Insurance
- Welltower Inc.
Real Estate
- Contacts
- Shankh Mitra
Chief Executive Officer, Welltower Inc.
- Robert Ezer
Chief Investment Officer, Amica Senior Lifestyles