TOLEDO, Ohio--(BUSINESS WIRE)--
Health Care REIT, Inc. (HCN) was recognized as 2014 Property Investor of the Year by HealthInvestor Magazine. The HealthInvestor awards recognize excellence and innovation in the United Kingdom health care sector and are considered the most significant in the UK health care market.
In 2013, HCN completed $1.0 billion of UK gross real estate investments with three leading care home operators: Sunrise Senior Living, Signature Senior Lifestyle and Avery Healthcare. The company also successfully completed a £550 million Sterling denominated senior unsecured bond offering.
“We are pleased to receive this recognition,” said Tom DeRosa, HCN’s CEO. “As this award indicates, we have built the strongest platform to support the growing UK care home and health care services market and other potential opportunities in Europe. We built our UK portfolio like our US and Canadian portfolios by partnering with the best-in-class operators and concentrated the portfolio in the dynamic London market, where we see outstanding economic and demographic characteristics that will drive tremendous growth in this business.”
About Health Care REIT, Inc. Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real estate investment trust that invests across the full spectrum of seniors housing and health care real estate. The company also provides an extensive array of property management and development services. As of March 31, 2014, the company’s broadly diversified portfolio consisted of 1,212 properties in 46 states, the United Kingdom and Canada. More information is available on the company’s website at www.hcreit.com.
- Health Care Industry
Scott Estes, 419-247-2800
Jay Morgan, 419-247-2800